RattanIndia Enterprises Limited, a promoter entity of RattanIndia Power Limited, has increased its shareholding. The disclosure, submitted under Regulation 7(2) of PIT Regulations, details the acquisition of 1,02,00,000 equity shares via on-market purchase between March 24 and March 26, 2026. This transaction resulted in the promoter group’s stake rising from 19.813% to 20.003% of the total issued share capital, as confirmed by the Company Secretary.
Insider Trading Disclosure Update
This document serves as a formal notification regarding a change in the shareholding of a promoter entity in RattanIndia Power Limited. The disclosure was made by RattanIndia Enterprises Limited, identified as a promoter entity of RattanIndia Power Limited, in compliance with the relevant regulations concerning insider trading.
Details of Shareholding Change
The transaction involved the acquisition of Equity Shares through on market purchase between the dates of March 24, 2026, and March 26, 2026. The total number of shares acquired during this period amounted to 1,02,00,000 units. The transaction value was not explicitly detailed, but the mode of execution was noted as an on market purchase on the NSE/BSE.
Impact on Promoter Holding Percentage
Prior to this transaction, RattanIndia Enterprises Limited held 106,39,60,011 shares, representing a stake of 19.813%. Following the acquisition, the post-transaction shareholding increased to 107,41,60,011 shares. This move resulted in the promoter group’s aggregate shareholding increasing to 20.003% of the company’s equity capital.
Corporate Verification
The disclosure document was signed and verified by Lalit Narayan Mathpati, Company Secretary, on March 27, 2026, confirming the information for regulatory records.
Source: BSE
