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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 has acquired 3,331,000 equity shares of Nova Iron and Steel Limited from Nilanchal Investments Private Limited. This transfer, priced at Rs. 11 per share and representing 9.22% of Nova Iron and Steel's total capital, aims to restructure holdings among the promoter group. Following this acquisition, Aromatic Steel's stake in Nova Iron and Steel has increased from 9.46% to 18.67%, consolidating promoter ownership and simplifying the group's structure.

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