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

01-01-1970 | 12:00 am

Aromatic Steel Private Limited, a promoter group entity, has increased its stake in Nova Iron & Steel Limited through an off-market transfer. Before this transaction, Aromatic Steel held 34.18 lakh shares, representing 9.46% of the company. It acquired an additional 33.31 lakh shares, bringing its total holding to 67.49 lakh shares. This acquisition raises the promoter group's overall stake to 18.67% of Nova Iron & Steel's equity. This move by a promoter entity strengthens its ownership position in the company.

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