Saurabh Jain has completed the disposal of 10,88,220 equity shares in Rajasthan Tube Manufacturing Company Limited. This transaction, valued at approximately ₹4.50 crore, represents 2.41% of the company’s total share capital. The sale occurred on August 24, 2026, via an off-market transaction. Following this disposal, Saurabh Jain holds zero shares in the company.
Share Disposal by Saurabh Jain
Saurabh Jain has officially reported the disposal of a substantial block of shares in Rajasthan Tube Manufacturing Company Limited. The transaction involved the sale of 10,88,220 equity shares, which constitutes 2.41% of the company’s total voting share capital. This event marks a significant shift in the shareholding structure of the company.
Transaction Details
The shares were sold through an off-market transaction on August 24, 2026. The total value of the equity share capital of Rajasthan Tube Manufacturing Company Limited before the sale was ₹4,50,78,000. Following the completion of this disposal, Saurabh Jain’s holding in the company has reduced to zero shares.
Regulatory Disclosure
This disclosure is made in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company secretary and compliance officer of Rajasthan Tube Manufacturing Company Limited have been copied on this notification.
Source: BSE
