BSECompany Update23 Jun 2026 · 23 Jun 2026, 05:15 pm
Disclosure under Reg 29(2) of SEBI SAST Reg 2011 by Pawan Kumar Mittal and Kiran Mittal
Adishakti Loha and Ispat Ltd · 543377
✦ AI Summary▼ NegativePromoter Reclassif.
Pawan Kumar Mittal and Kiran Mittal, identified as a promoter group member of Adishakti Loha and Ispat Ltd (now Afloat Enterprises Limited), have sold 320,000 shares in the open market. This transaction was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, indicating a reduction in their stake in the company.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern4/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact6/10
Market Sentiment3/10
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Adishakti Loha and Ispat Ltd - 543377 - Disclosure Received Under Reg 29(2) Of SEBI SAST Reg 2011 By Pawan Kumar Mittal And Kiran Mittal
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AFLOAT ENTERPRISES LIMITED
(FORMERLY KNOWN AS ADISHAKTI LOHA AND ISPAT LIMITED)
Regd. Office: Plot 3, SHOP 325, DDA C.CNTR, Aggarwal Plaza, Sec-14, Rohini New Delhi -110085
Phone: +91-9810260127, E-mail: info@adishaktiloha.com, CIN: L46209DL2015PLC275150
23-06-2026
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort
Mumbai-400 001
Sub:
Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of shares and Takeovers)
Regulations, 2011
Sir/Madam,
With reference to the above subject , Please find enclosed herewith disclosure received from
promoters group member of our company under Regulation 29(2) of SEBI (Substantial Acquisition
of shares and Takeovers) Regulations, 2011 with respect to selling of 320000 shares `in (Open-
Market).
Kindly take the same on your record and oblige
For Adishakti Loha and Ispat limited
Thanking You
Pawan Kumar Mittal
Director
DIN: 00749265
Place:
New Delhi