Adishakti Loha and Ispat Ltd

BSE: 543377

total announcements

543377.BO · 15 min delayed

BSECompany Update▼ NegativePromoter Reclassif.23 Jun 2026

Disclosure under Reg 29(2) of SEBI SAST Reg 2011 by Pawan Kumar Mittal and Kiran Mittal

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.

The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kiran Mittal & Rukmani Mittal

Promoters Kiran Mittal and Rukmani Mittal, acting in concert, submitted a revised disclosure under SEBI (SAST) Regulations for the sale of 4,10,000 equity shares of Adishakti Loha and Ispat Ltd through open market transactions on June 15 and 16, 2026. This transaction reduced the collective promoter group shareholding by 3.26%, from 33.19% to 29.93% of the total equity. The revision corrected a typographical error in an earlier filing.

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pawan Kumar Mittal & Others

Adishakti Loha and Ispat Ltd has informed the exchange about receiving a disclosure from Pawan Kumar Mittal & Others. This disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Such filings indicate a change in shareholding by a substantial investor or group, crossing specific thresholds. However, the specific details regarding the nature and magnitude of the acquisition or disposal are not provided in this announcement. Investors will await further information to assess the potential implications of this shareholding change.