Rajasthan Tube Manufacturing: Harish Chand Jain Sells 0.29% Stake

Harish Chand Jain has disclosed the sale of 1,32,900 equity shares in Rajasthan Tube Manufacturing Limited. This transaction represents 0.29% of the total share capital. Following the sale, Harish Chand Jain’s holding in the company has reduced to 0%. The sale was executed off-market and the disclosure was made as per SEBI regulations.

Share Sale Disclosure

Harish Chand Jain has formally disclosed the disposal of a significant portion of his holdings in Rajasthan Tube Manufacturing Limited. The disclosure, filed on August 27, 2026, details the sale of 1,32,900 equity shares, which collectively represent 0.29% of the company’s total issued and paid-up share capital.

Holding Post-Transaction

As a result of this transaction, Harish Chand Jain’s holding in Rajasthan Tube Manufacturing Limited has been reduced to 0%. The shares were sold via an off-market sale. The total equity share capital of the company before and after the sale remains at ₹4,50,78,000.

Regulatory Compliance

This disclosure has been made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction date for the sale of shares was recorded as August 26, 2026.

Source: BSE

Previous Article

Aster DM Healthcare: 2.29% Stake Encumbered by Union (Mauritius) Holdings

Next Article

Lemon Tree Hotels: Announces 34th AGM & FY26 Integrated Annual Report