BSEInsider Trading / SAST7 Oct 2026 · 7 Oct 2026, 12:46 pm
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vora Financial Services Pvt Ltd
S.A.L. Steel Ltd · 532604
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Vora Financial Services Pvt Ltd has acquired 7,306,374 shares of S.A.L. Steel Ltd, crossing the 5% threshold, and is required to make a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
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S.A.L. Steel Ltd - 532604 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
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SAL STEEL LTD.
Reg.Office:604,ZionZ1,NearAvalonHotel,SindhubhawanRoad,Bodakdev,Ahmedabad-380059,
India.Phone:09925103299,E-Mail:info@salsteel.co.in
Date: August 08, 2026
VORA FINANCIAL SERVICES PVT LTD
801 806 ELITE SQUARE BUILDING
274 PERIN STREET BAZAR GATE FORT
MUMBAI-400001
DP ID : IN304158
Folio No: 10168659
Subject: Request for Disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of
Shares and Takeovers) Regulations, 2011
Dear Sir / Madam,
We welcome you as a substantial shareholder in SAL STEEL LIMITED ("the Company"). Based on the
latest beneficiary position (Benpos) / shareholding data received from the Depositories dated July
31, 2026, we note that your independent holding in the Public Category has increased to
7306374 equity shares, which constitutes 5.05 % of the total paid-up share capital of the
Company.
As your shareholding has crossed the threshold of 5% for the first time, you are required to comply
with the mandatory disclosure provisions of Regulation 29(1) of the SEBI (Substantial Acquisition of
Shares and Takeovers) Regulations, 2011 ("SAST Regulations"). [1]
To prevent regulatory non-compliance and avoid stock exchange penalties, you are requested to
execute the following steps immediately:
Complete and sign the disclosure in the specified format under Regulation 29(1) (Part-A and Part-
Submit the disclosure to the Stock Exchanges (NSE and/or BSE) where the Company's shares are
listed, and a copy to the Company, within two (2) working days from the date of acquisition.
Please note that once you hold a 5% or higher stake, any subsequent acquisition or disposal of
shares that changes your holding by 2% or more will trigger a fresh disclosure obligation under
Regulation 29(2) within two working days.
CIN:L29199GJ2003PLC043148
Work:VillageBharapar,Tal.:Gandhidham,Dist.:Kutch-Bhuj
Phone:09925103299 Website:www.salsteel.co.in
SAL STEEL LTD.
Reg.Office:604,ZionZ1,NearAvalonHotel,SindhubhawanRoad,Bodakdev,Ahmedabad-380059,
India.Phone:09925103299,E-Mail:info@salsteel.co.in
For your convenience, we have enclosed the blank SEBI SAST Regulation 29(1) format along with
this letter. Kindly email a scanned copy of your signed disclosure to takeover@nse.co.in ,
corp.relations@bseindia.com , corp.compliance@bseindia.com, and also please CC this mail to
cs@salsteel.co.in as soon as it is filed with the exchanges.
Thanking you,
Yours faithfully,
For SAL Steel Limited,
CS Devilal J Shah
Company Secretary and Compliance Officer
ICSI Mem. No. A58287
CIN:L29199GJ2003PLC043148
Work:VillageBharapar,Tal.:Gandhidham,Dist.:Kutch-Bhuj
Phone:09925103299 Website:www.salsteel.co.in