Nova Iron & Steel Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Nova Iron and Steel experienced a notable internal share reshuffle. Promoter Mr. Aniket Singal transferred 32.74 lakh equity shares, priced at Rs. 11 each, to promoter group companies Vintage Steel Private Limited and Titanic Steel Industries Private Limited. This move, part of a promoter group restructuring, increased their combined stake from 3.48% to 12.55%, while Mr. Singal's individual holding is now zero. This streamlines ownership within the company's core group.