Rhetan TMT Limited has received a regulatory disclosure from Clear Water Commodities Private Limited regarding the substantial disposal of equity shares. The transaction represents a strategic reduction in shareholding by the Ahmedabad-based investment entity.

Share Disposal Details

Clear Water Commodities Private Limited executed an off-market sale of 16.50 lakh equity shares in Rhetan TMT Limited on March 28, 2026. The transaction details are summarized below:

Shareholding Position Changes

The disposal resulted in a reduction of Clear Water Commodities' stake in Rhetan TMT Limited. The comparative shareholding position shows:

Company Information

Clear Water Commodities Private Limited, incorporated under CIN U51101GJ2012PTC070395, is registered at 56A, Sthanakwasi Jain Society, Usmanpura, Ahmedabad. The company confirmed that it does not belong to the promoter or promoter group of Rhetan TMT Limited.

Regulatory Compliance

The disclosure was submitted to both BSE Limited and National Stock Exchange of India Limited on March 30, 2026, where Rhetan TMT Limited's shares are listed. The filing was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, and was signed by Director Radheshyam Nuwal (DIN: 03016932).

Share Capital Structure

Rhetan TMT Limited's equity share capital remains unchanged at Rs. 79.69 crore, divided into 79.69 crore equity shares with a face value of Re. 1 each. The total diluted share capital also stands at the same level, indicating no outstanding convertible securities or warrants.

Clear Water Commodities Private Limited has announced another disposal of equity shares in Rhetan TMT Limited, filing the required disclosure under SEBI takeover regulations. The latest transaction represents a further reduction in the company's shareholding position in the steel manufacturing company.

Latest Share Disposal Details

The recent disposal involved 34,90,314 equity shares of Rhetan TMT Limited, executed through open market transactions across three consecutive days. This transaction reduced Clear Water Commodities' shareholding percentage from 2.59% to 2.15% of the total share capital.

Daily Transaction Breakdown

The disposal was executed over three trading sessions with varying volumes each day. The largest single-day transaction occurred on March 23, 2026, followed by smaller disposals on subsequent days.

Updated Shareholding Position

Following this latest disposal, Clear Water Commodities' holding in Rhetan TMT Limited stands at 1,71,52,765 equity shares, constituting 2.15% of the company's total equity. This represents a cumulative reduction from the previous holding of 2,06,43,079 shares (2.59%).

Regulatory Compliance and Documentation

The disclosure was made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The formal communication was signed by Director Baluram Lahoti (DIN: 01293637) and submitted to both BSE Limited and National Stock Exchange of India Limited on March 25, 2026.

Clear Water Commodities confirmed that it does not belong to the promoter or promoter group of Rhetan TMT Limited. The company's total equity share capital remains unchanged at ₹79,68,75,000, divided into 79,68,75,000 equity shares of face value Re. 1 each.

Company Information

Clear Water Commodities Private Limited, incorporated under CIN U51101GJ2012PTC070395, is registered at 56A, Sthanakwasi Jain Society, Usmanpura, Ahmedabad. The disclosure was formally communicated to the compliance officer of Rhetan TMT Limited at their registered office in Ahmedabad, Gujarat.