BSECompany Update5d ago · 24 Jul 2026, 12:01 pm
The Company has recieved emails from M/s Olympian Finvest Private Limited and M/s Aromatic Steel Private Limited, members of the Promoter Group, pursuant to disclosure under 10(7) of SEBI ....
Nova Iron & Steel Ltd · 513566
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Nova Iron & Steel Ltd has received disclosure under SEBI (SAST) Regulations, 2011 from M/s Olympian Finvest Private Limited and M/s Aromatic Steel Private Limited, members of the Promoter Group, regarding acquisition of shares under Regulation 10(1)(a)(iv) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
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Nova Iron & Steel Ltd - 513566 - Disclosure As Per Regulation 10(7) Of SEBI (SAST) Regulations, 2011
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THROUGH ONLINE PORTAL
Ref. No.: NISL/SE/2026-27
Dated: 24/07/2026
The Secretary
Bombay Stock Exchange Limited
Phiroz Jeejeebhoy Towers,
25th Floor, Dalal Street,
Mumbai – 400001
Subject – Disclosure as per Regulation 10(7) of SEBI (SAST) Regulations, 2011
Dear Sir,
We are enclosing herewith disclosure in pursuant to Regulation 10(7) of SEBI
(SAST) Regulations, 2011 which we have received from M/s Olympian Finvest
Private Limited and M/s Aromatic Steel Private Limited, Members of the Promoter
Group of the Company, vide their emails dated 23/07/2026.
We request you to kindly take the disclosure on your records.
Thanking You,
Yours faithfully,
For Nova Iron and Steel Limited
Dheeraj Kumar
(Company Secretary)
Encl: a/a
Disclosure under Regulation 10(7)-Intimation in respect of acquisition of shares under
Regulation 10(1)(a)(iv) of SEBI (SAST) Regulations, 2011
From: offilne filing (offlinefiling21@gmail.com)
To: cfddcr@sebi.gov.in
Cc: rai_nisl2007@yahoo.com
Date: Thursday, 23 July 2026 at 05:57 pm IST
Sir,
We are enclosing disclosure in accordance with Regulation 10(7) in respect of acquisition of equity shares under
Regulation 10(1)(a)(iv) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
In case any other information is required please do let us know.
Thank You,
Yours Faithfully
For Olympian Finvest Private Limited
Sachin Kumar
(Director)
Disclosure under 10(7) SEBI (SAST)- Olympian.pdf
4.9 MB
OLYMPIAN FINVEST PRIVATE LIMITED
Registered Office: 78, Industrial Area Phase-1 Chandigarh
(CIN: U67190CH2005PTC027973), Email: offlinefiling21@gmail.com, Ph: 0172-4014347
---------------------------------------------------------------------------------------------------------------------
Through E-mail
Dated: 23/07/2026
Securities and Exchange Board of India,
PN-C/7, 'G' Block, BKC, Bandra - Kurla Complex,
Bandra (East), Mumbai- 400051
cfddcr@sebi.gov.in
Name of the Target Company – Nova Iron and Steel Limited
Script Code No. – 513566
Subject: Disclosure under Regulation 10(7)-Intimation in respect of acquisition of shares
under Regulation 10(1)(a)(iv) of SEBI (SAST) Regulations, 2011
Sir,
We are enclosing disclosure in accordance with Regulation 10(7) in respect of acquisition of
equity shares under Regulation 10(1)(a)(iv) of SEBI (Substantial Acquisition of Shares and
Takeover) Regulations, 2011.
In case any other information is required please do let us know.
Thank You,
Yours Faithfully
For Olympian Finvest Private Limited
Sachin Kumar
(Director)
Encl.: a/a
CC: M/s Nova Iron & Steel Limited
R.O. Village- Dagori Tehsil- Belha, Bilaspur, Chattisgarh- 495224
Email Id: rai_nisl2007@yahoo.com
Disclosure under Regulation 10(7) – Report to SEBI in respect of any acquisition made
in reliance upon exemption provided for in regulation 10(1)(a)(iv) of SEBI (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011
1 General Details
a. Name, address, telephone no., e-mail of M/s. Olympian Finvest Private Limited
acquirer(s) {In case there are multiple Registered office at Plot No. 78, Industrial Area,
acquirers, provide full contact details of Phase-I, Chandigarh- 160002
any one acquirer (the correspondent Phone. No. 8699936981
acquirer) with whom SEBI shall Email Id: offlinefiling21@gmail.com
correspond.}
b. Whether sender is the acquirer (Y/N) Yes
c. If not, whether the sender is duly NA
authorized by the acquirer to act on his
behalf in this regard (enclose copy of such
authorization)
d. Name, address, Tel no. and e-mail of NA
sender, if sender is not the acquirer
2 Compliance of Regulation 10(7)
a. Date of report 23/07/2026
b. Whether report has been submitted to Yes
SEBI within 21 working days from the
date of the acquisition
c. Whether the report is accompanied with Yes, the applicable fees of Rs. 1,50,000/- plus 18%
fees as required under Regulation 10(7) GST is paid through Internet Banking having
reference number DCPNKE81QIRZSI dated
22/07/2026. Copy of the mail confirmation
received from SEBI for the payment made of Rs.
1,77,000 (Rs. 1,50,000 + Rs. 27,000) dated
22/07/2026 in favour of Securities and Exchange
Board of India (SEBI) is enclosed herewith as
Annexure A.
3 Compliance of Regulation 10(5 )
a. Whether the report has been filed with the Yes, copy of the same is enclosed herewith as
Stock Exchanges where the shares of the Annexure B.
Company are listed atleast 4 working days
before the date of the proposed acquisition.
b. Date of Report 20/06/2026
4 Compliance of Regulation 10(6)
a. Whether the report has been filed with the Yes, the copies of the same is enclosed herewith as
Stock Exchanges where the shares of the Annexure C.
Company are listed within 4 working days
of the acquisition.
b. Date of Report 06/07/2026 and 09/07/2026
The following abbreviations have been used all through the document: TC stands for ‘Target Company’,
‘Takeover Regulations’ stands for ‘SEBI(Substantial Acquisition of Shares and Takeover Regulations, 2011)
5 Details of the Target Company
a. Name & address of TC Nova Iron and Steel Limited
Regd. Office: Village Dagori, Dagori-Bilha Road,
Distt. Bilaspur, Chhattisgarh 495224
b. Name of the Stock Exchange(s) where the BSE Limited
shares of the TC are listed
6 Details of the acquisition
a. Date of acquisition 30/06/2026, 03/07/2026, 06/07/2026, 08/07/2026
b. Acquisition price per share (in Rs.) Rs. 11/-
c. Regulation which would have been 3(2)
triggered off, had the report not been
filed under Regulation 10(7). (whether
Regulation 3(1), 3(2), 4 or 5)
d. Shareholding of acquirer(s) and PAC Before the acquisition After the acquisition
individually in TC (in terms of no. & as a No. of % w.r.t No. of % w.r.t
percentage of the total share/voting capital Shares total Shares total
of the TC) share share
capital of capital
TC of TC
Name(s) of the acquirer(s)
o Acquirer
Olympian Finvest Private Limited 94,000 0.26% 46,67,675 12.92%
o PACs
Aniket Singal 0 0% 0 0%
Radhika Saurabh Dhoot 0 0% 0 0%
Priyanka Ankit Miglani 0 0% 0 0%
Sanjay Singal 10,000 0.03% 10,000 0.03%
Titanic Steel Industries Private Limited 22,39,585 6.20% 22,39,585 6.20%
Vintage Steel Private Limited 22,93,415 6.35% 22,93,415 6.35%
Aromatic Steel Private Limited 34,18,000 9.46% 34,18,000 9.46%
Nilanchal Investments Private Limited 33,31,000 9.22% 33,31,000 9.22%
Total 1,13,86,000 31.51% 1,59,59,675 44.16%
e. Shareholding of seller/s in TC (in terms of Before the acquisition After the acquisition
no. & as a percentage of the total
No. of % w.r.t No. of % w.r.t
share/voting capital of the TC)
Shares total Shares total
share share
capital of capital
TC of TC
Name(s) of the seller(s)
Reward Capital Services Pvt. Ltd. 42,91,675 11.88% 0 0.00%
Aarti Iron & Power Private Limited 94,000 0.26% 0 0.00%
Rockland Steel Trading Pvt. Ltd. 94,000 0.26% 0 0.00%
Shivalikview Steel Trading Pvt. Ltd. 94,000 0.26% 0 0.00%
Total 45,73,675 12.65% 0 0.00%
The following abbreviations have been used all through the document: TC stands for ‘Target Company’,
‘Takeover Regulations’ stands for ‘SEBI(Substantial Acquisition of Shares and Takeover Regulations, 2011)
7 Information specific to the exemption category to which the instant acquisition belongs -
Regulation 10(1)(a)(iv)
a. Provide the names of the seller(s) M/s. Reward Capital Services Pvt. Ltd.
M/s. Rockland Steel Trading Private Limited
M/s. Shivalikview Steel Trading Pvt. Ltd.
M/s. Aarti Iron & Power Private Limited
b. Specify the relationship between The Acquirer and Sellers belong to the Promoter
the acquirer(s) and the seller(s). Group of the Company. Accordingly, they are
deemed to be Persons Acting in Concert (PAC)
under the applicable SEBI Takeover Regulations.
c. Shareholding of the acquirer and the Year – 1 Year – 2 Year – 3
seller/s in the TC during the three years 31/03/2024 31/03/2025 31/03/2026
prior to the proposed acquisition
Acquirer(s) (*)
M/s. Olympian Finvest Private Limited 94,000 Equity 94,000 Equity 94,000 Equity
Shares Shares Shares
Sellers(s)(*)
M/s. Reward Capital Services Pvt.
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