Electrosteel Castings Limited has disclosed additional share acquisitions by its promoter group entity, Badrinath Industries Limited, under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The latest transaction demonstrates continued confidence from the promoter group in the company's prospects.

Latest Share Acquisition Details

Badrinath Industries Limited completed the purchase of additional equity shares through the National Stock Exchange on March 27, 2026. This represents a substantial follow-up investment by the promoter group entity.

Cumulative Investment Impact

Following these transactions, Badrinath Industries Limited has significantly increased its stake in Electrosteel Castings Limited. The promoter group entity's total investment now exceeds ₹24.90 crore across both acquisitions.

Regulatory Compliance

The disclosure was made in accordance with Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. Electrosteel Castings' Company Secretary, Indranil Mitra, filed the necessary Form C documentation with both BSE and NSE on March 30, 2026. Director Manish Ramesh Bhat signed the disclosure on behalf of Badrinath Industries Limited.

Corporate Information

Electrosteel Castings Limited, with CIN L27310OR1955PLC000310, is listed on both BSE (Scrip Code: 500128) and NSE (Symbol: ELECTCAST). The company's registered office is located at Rathod Colony, Rajgangpur, Odisha, while its head office operates from Kolkata. Badrinath Industries Limited operates from Stephen House, B.B.D Bag (East), Kolkata, with CIN U67120WB1973PLC029053.

The acquisitions reflect the promoter group's strategic investment in the company, with Badrinath Industries Limited now holding a 0.51% stake following these transactions. The disclosure ensures transparency and compliance with insider trading regulations, maintaining investor confidence in the company's governance practices.

Electrosteel Castings Limited has received another disclosure from its promoter group company, Electrosteel Thermal Coal Limited, regarding additional share acquisitions under SEBI (Prohibition of Insider Trading) Regulations, 2015. This latest acquisition follows the company's earlier substantial share purchases that significantly increased the promoter group's collective shareholding.

Latest Share Acquisition Details

Electrosteel Thermal Coal Limited has disclosed a fresh acquisition of equity shares in Electrosteel Castings Limited through open market transactions on the National Stock Exchange. The transaction represents a continued investment strategy by the promoter group entity.

Updated Shareholding Position

Following this latest acquisition, Electrosteel Thermal Coal Limited's direct shareholding in Electrosteel Castings Limited has increased from the previous holding. The disclosure shows the updated shareholding pattern as per SEBI regulations.

Regulatory Compliance Framework

The disclosure has been submitted in accordance with Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. Electrosteel Thermal Coal Limited, incorporated under CIN U01010JH2006PLC012661, has provided comprehensive transaction details in Form C to both BSE Limited and National Stock Exchange of India Limited.

Previous Major Acquisitions

This latest purchase adds to the promoter group's earlier significant acquisitions, including the substantial purchase of 2,05,00,000 equity shares and additional acquisitions by individual promoter group members. The cumulative effect of these transactions has strengthened the promoter group's position in Electrosteel Castings Limited.

Corporate Structure

Electrosteel Castings Limited, with its registered office at Rathod Colony, Rajgangpur, Odisha, continues to maintain its total equity share capital of 61,81,84,591 equity shares of face value Rs 1 each. The company operates in the castings and engineering sector and has been receiving continued support from its promoter group entities through strategic investments.