Bansal Wire promoter sells 2.99% stake for ₹14.47 crore

Bansal Wire Industries Limited disclosed that Mrinaal Mittal, a member of its promoter group, sold 46,82,916 equity shares representing 2.99% of the paid-up equity share capital. The transaction, executed via an on-market sale on the National Stock Exchange (NSE) on June 25, 2026, was undertaken to comply with the minimum public shareholding norms. The gross consideration for the sale amounted to ₹14,470,210.44.

Following the disposal, Mrinaal Mittal's shareholding has reduced to 16,87,084 equity shares, equivalent to 1.08% of the total outstanding paid-up equity share capital. The disclosure was submitted to the exchanges in accordance with Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company confirmed that the intimation was received in Form B pursuant to Regulation 7(2)(a) of the same regulations.

Details of the Transaction

The sale was part of the promoter group's strategy to meet the regulatory requirements for minimum public shareholding. The specific details of the transaction are outlined below:

Particulars	Details
Seller	Mrinaal Mittal, Promoter Group Member
Shares sold	46,82,916 Equity Shares
Percentage of stake sold	2.99% of the paid-up equity share capital
Gross Consideration	₹14,470,210.44
Date of transaction	June 25, 2026
Mode of transaction	On-market sale
Exchange	NSE

The company stated that the sale was conducted in accordance with applicable laws. Sumit Gupta, Company Secretary and Compliance Officer, signed the disclosure on behalf of Bansal Wire Industries Limited on June 29, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.10%	-9.19%	+2.60%	+6.88%	-21.94%	-8.21%

Bansal Wire Industries has successfully secured a trial purchase order for its Steel Tyre Cord product from one of the largest tyre manufacturers in the industry. This order follows a thorough evaluation of the company's samples, where the manufacturer recognized the quality and appropriateness of the product. The achievement represents a significant step towards achieving targeted growth objectives and reinforces the company's commitment to quality and innovation in the market.

The recognition from such a prominent player underscores Bansal Wire Industries' competitive edge in a highly technical sector characterized by stringent quality requirements and extensive approval processes. The company views this development as a crucial milestone in its expansion strategy within the steel wire manufacturing domain.

Regulatory Disclosure

The intimation was submitted to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III thereof. The filing was made to inform the exchanges about the receipt of the trial purchase order.

Detail:	Information
Signatory:	Ghanshyam Das Gujrati, Chief Financial Officer
Disclosure Date:	June 13, 2026
Regulation:	SEBI (LODR) Regulations, 2015 — Regulation 30

Ghanshyam Das Gujrati, Chief Financial Officer of Bansal Wire Industries, signed the disclosure on June 13, 2026. The company has also made a copy of this intimation available on its website.