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

Olympian Finvest Private Limited, part of Nova Iron and Steel Limited's promoter group, is acquiring 45,73,675 equity shares, or 12.65% of the target company's share capital. These shares are being purchased from other promoter group entities in an off-market transaction at Rs. 11 per share. This internal restructuring will increase Olympian Finvest's stake to 12.92% and boost the overall promoter group's holding in Nova Iron and Steel Limited from 31.51% to 44.16%, strengthening their control.