RattanIndia Power Limited has received a mandatory disclosure from its promoter entity, RR Infralands Private Limited, regarding the sale of company equity shares. The transaction, executed on March 25, 2026, involved the disposal of 1,02,00,000 equity shares. Following this sale, the total promoter holding by RR Infralands has decreased from 24.248% to 24.058% of the total paid-up capital. This disclosure fulfills the requirements under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.
Insider Trading Disclosure Filed
RattanIndia Power Limited formally notified the stock exchanges regarding a change in shareholding by one of its key promoter entities, RR Infralands Private Limited. This filing was made pursuant to Regulation 7(2) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, ensuring transparent reporting of insider transactions.
Details of Share Disposal
The disclosure, dated March 26, 2026, confirms a significant transaction executed by the promoter entity:
- Transaction Type: Sale of Equity Shares.
- Date of Sale: March 25, 2026.
- Quantity Sold: 1,02,00,000 (One Crore Two Lakh) equity shares.
- Mode of Disposal: Sale via the on-market mechanism.
Resulting Shareholding Post-Sale
The sale resulted in a reduction in the promoter group’s stake in RattanIndia Power Limited. The shareholding details before and after the transaction are as follows:
| Shareholding Status | Holdings | |
|---|---|---|
| Prior Holding Percentage | 24.248% | 130,21,43,592 shares |
| Post-Sale Holding Percentage | 24.058% | 129,19,43,592 shares |
The transfer was executed on the stock exchanges (NSE/BSE), and the company secretary, Lalit Narayan Mathpati, confirmed the receipt and filing of this requisite disclosure on March 27, 2026.
Source: BSE