Nova Iron & Steel Ltd — Important, 09-07-2026: Company Update

Nova Iron and Steel Limited received disclosures regarding changes in holdings by its promoter group members. Olympian Finvest Private Limited purchased 1,88,000 equity shares for ₹0.2068 Cr via off-market transactions, raising its stake to 12.66% from 12.14%. Separately, Shivalikview Steel Trading Pvt. Ltd., Rockland Steel Trading Pvt. Ltd., and Aarti Iron & Power Private Limited each sold 94,000 equity shares for ₹0.1034 Cr, reducing their individual stakes from 0.26% to zero. Olympian Finvest then acquired an additional 94,000 shares for ₹0.1034 Cr through an inter-se transfer, further increasing its holding to 12.92%. These changes reflect shifts in ownership within the promoter group.