BSECompany Update7h ago · 25 Sept 2026, 11:58 am

Enclosed hereby Intimation received under Regulation 10(5) of SEBI(SAST) Regulations, 2011, by Mr. Rajeev Reniwal promoter of the Company in relation to acquisition of equity shares of the Company by way of gift without consideration from Mrs. Lalitadevi Shantisarup Reniwal, being the Promoter of the Company.

Inducto Steel Ltd · 532001

✦ AI SummaryRegulatory

Inducto Steel Ltd received an intimation from Mr. Rajeev Reniwal, a promoter, regarding the acquisition of 1,53,375 equity shares of the company by way of gift from Mrs. Lalitadevi Shantisarup Reniwal, another promoter, without prior intimation under Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment4/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Inducto Steel Ltd - 532001 - Disclosure Regarding Receipt Of Intimation Under Regulation 10(5) Of The SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011.

Attachments (1)

📄

6a443d6f-00a9-4a45-917d-5f9cdb2686af.pdf

pdf

Download →
View document text
September 25, 2026 BSE Limited Corporate Relations Department, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 Scrip Code: 532001 Script Name: INDCTST ISIN: INE146H01018 Subject: Disclosure regarding receipt of intimation under Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Ta keovers) Regulations, 2011 Dear Sir/Madam, We wish to inform you that the Company has received an intimation from Mr. Rajeev Shantisarup Reniwal, Promoter of the Company, in relation to the acquisition of 1,53,375 (One Lakh Fifty-Three Thousand Three Hundred Seventy-Five) Equity Shares of the Company by way of gift without consideration from Mrs. Lalitadevi Reniwal, also being a Promoter of the Company. The aforesaid intimation pertains to the requirement under Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Acquirer has stated that the requisite intimation under the said Regulation was not submitted within the prescribed time prior to the acquisition and has accordingly submitted the intimation with respect to the aforesaid acquisition. The Company has taken note of the intimation so received and is submitting the same to the Stock Exchange for information and records, in accordance with applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A copy of the intimation received from the Acquirer is enclosed herewith for your information and records. We request you to kindly take the same on record. Thanking You, Yours faithfully, For INDUCTO STEEL LIMITED Diana Palia Company Secretary & Compliance Officer Membership No. A40554 Encl.: Intimation received from the Acquirer under Regulation 10(5) of the SEBI (GSAST) Regulations, 2011. Registered Office: 156, Maker Chambers VI, 220, Jamnalal Bajaj Marg, Nariman Point, Mumbai- 400 021. Tel.- 022 - 22043211 E-m ail: secretarial.inducto@gmail.com Web Site: www. hariyanagroup.com CIN NO. L27100MH1988PLC194523 ISO 9001-2015/14001-2015 & OHSMS 45001-2018Certified M Gmail Inducto Steel Limited <secretarial.inducto@gmail.com> Submission of Disclosure under Regulation 10(5) of SEBI (SAST) Regulation 2011 director@hariyanagroup.com <director@hariyanagroup.com> 24 September 2026 at 19:07 To: corp.relations@bseindia.com Cc: Inducto Steel Limited <secretarial.inducto@gmail.com> Dear Sir/Madam, Please find attached my disclosure in respect of the inter-se transfer of shares of Inducto Steel Limited, undertaken by way of gift from Mrs. Lalitadevi Shantisarup Reniwal to Mr. Rajeev Reniwal. The requisite prior intimation under Regulation 10(5) of the SEBI (SAST) Regulations, 2011 could not be submitted inadvertently prior to the aforesaid transactions. The attached disclosure is being submitted for your information and records, along with the applicable post-acquisition disclosure. You are requested to kindly take the same on record and disseminate the disclosure as applicable. Regards Rajeev Reniwal Promoter Inducto Steel limited # ISL disclosure under regulation 10(5). pdf 102K RAJELV SHANTISARUP RENIWAL Flat No 1901, 19% Floor, Asluana Building, 1/578, Nepean Sea Road Mumbat-400006 Date 24th Septembe1 ,2026 The BSE Limited Coiporate Relations Depai tment, Phiroze Jeeyeebhoy Towers, Dalal Stieet Mumbai — 400001 Scrip Code 532001 scrpt Name INDCTST ISIN INE146H01018 Subject Disclosure regarding madvertent non-compliance with Regulation 10(5} of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for acquisition of shares by way of gift Reference Target Company Inducto Steel Limited, ISIN INE146H01018 Su /Madam 1 Mr Rajeev Reniwal, being a Promoter of Inducto Steel Limited (“the Company”), wish to mform you that an mter-se tiansfei of 375 equity shares and 1 53,000 equity shares of the Company, representing 3 82% of the pard-up equity shaie capital/voting tights of the Company, was undeitaken by me from Mis Lalitadevi Shantisarup Reniwal an existing promoter of the Company, on 18" August, 2026 and 20 August, 2026 1:espechvely The aforesaid acquisition was undertaken by way of Guft’ pursuant to an mier-se transfer amongst the Promoters, and puisuant to an exemption contemplated under Regulabon 10(1)(a)() and (1) of SEBI (Substantial Acquisition of Shares and takeoveis) Regulations, 2011 subject to the applicable conditions prescribed thereunder I hereby place on record that the 1equisite prior mtimation contemplated unde: Regulation 10(5) of the SAST Regulations which is 1equued to be fuinished at least four working days prior to the proposed acquisition, was inadvertently not submitted prior to the aforesaid thansaction The omission in making the aforesaid piioi intimation was inadvertent The transaction details aie being disclosed herein and the applicable post-acquisition discloswies are being subnutted fo1 you mfo1mation and recoids ] request you to kindly take the aforesaid disclosure on 1ecoid and dissemmate the same in accordance with the applicable regulatory requirements Tiegiet the inadveitent omussion and assuie that due care will be exercised to ensure timely compliance with the applicable disclosure requirements 1n future Regards, abe Qe Rajeev Reniwal Acquirei / Promoter INDUCTO STEEL LIMITED Disclosures under Regulation 10({5) - Intumation to Stock Exchanges in respect of acquisition under Regulation 10(1){a} of SCBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 1 Name of the Tai get Company (TC) Inducto Steel Linuted 2 | Name of the acquuer({s) Rajeev Shantisa.up Renrwal (Son of Mrs Lalitadevi Shantisarup Reniwal, Transferoz) 3 | Whether the acquuer(s) is/ are promoters of the TC piior | Rajeev Shantisarup Rentwal (Son of Mrs to the tansaction If not, nature of telationship or | Lalitadevi Shansarup Reniwal Transfe1o1) association with the TC o1 its who is the promoter Promoters (The disclosuie pei tains to the intei se transfer by way of gift of shares between immediate relahves under promoteis and promoter group) 4 Details of the proposed acquisition a | Name of the person(s} from whom shares are Mis Lalitadevi Shantisarup Renrwal to be acquned b | Bepesed Date of Acquisition/ Transfei 18th August 2026 and 20 August 2026 Numbei of shares te-be acquned from each 1,53,375 peison mentioned in 4(a) above d | Total shaies te-be acquired as % of shaie [3 82% capital of TC e | Price at which shares are prepesed—to —be Nil Acquned Shares aie tiansferred way gift between unmediate relatives Therefore, no consideration 1s involved f | Rationale, if any, for the prepesed tiansfer - 5 | Relevant sub-clause of :egulation 10(1)(a) under which | Regulation 10 (1) (a) (1) and (11) of SEBI(SAST) the acquirer 1s exempted from makmg open Offer Regulations, 2011 6 | If, fiequently traded volume weighted average market | Not applicable since the shares are price fo: a period of 60 tiading days preceding the date | transferred way of Gift of issuance of this notice as traded on the stock exchange whee the maxunum volume of tiadmg m the shares Therefore, no considerahon mvolved of the TC are1ecorded duiing such penod 7 | Ifm-frequently traded the piice as determined i m terms | Not applicable, since the shares are of clause (e) of sub-regulation (2) ofregulation8 | transferred way of Gift Therefore no consideration involved 8 | Declaration by the acqunei that the acquistio n piice | Not applicable, since the shares are would not be higher by more than 25% of the puice | transferred way of Gift computed im point 6 o1 point 7 asapplicable Therefoie, no consideration mvolved 9 | Declaration by the acquire: that the tansfeio r and |Enclosed Annexuie A’ tiansfeiee have complied / will comply with applicable disclosure 1equnements in Chapter V of the Takeover Regulations, 2011 (couesponding piovisions of the repealed Takeover Regulations 1997) 10 |} Declaration by the acquuei that all the c onditions|Cnclosed ‘Annexuie A’ specified uncle: regulation 10 [Showing first 8,000 characters — download PDF for full document]