Pine View Portfolio Consultants Private Limited reduced its shareholding in Adishakti Loha and Ispat Limited by selling 3,20,000 equity shares through open market transactions. The sales occurred on June 17, 2026 (1,00,000 shares), June 18, 2026 (1,10,000 shares), and June 22, 2026 (1,10,000 shares). This transaction reduced the entity's stake from 13.38% to 10.83% of the total paid-up voting capital, triggering a mandatory disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was submitted to BSE Limited on June 24, 2026.

The equity share capital of Adishakti Loha and Ispat Limited remains unchanged at 1,25,58,000 equity shares of ₹10 each, amounting to ₹12,55,80,000. The total diluted share capital also stands at 1,25,58,000 shares. Pine View Portfolio Consultants Private Limited is not part of the promoter or promoter group of the company.

Shareholding Pattern

The following table details the changes in shareholding for Pine View Portfolio Consultants Private Limited:

Kiran Mittal and Rukmani Devi Mittal, Persons Acting in Concert (PACs) belonging to the promoter group of adishakti loha & ispat , submitted a revised disclosure to BSE regarding the sale of 4,10,000 equity shares. The transactions were executed via open market sales on June 15 and June 16, 2026. The filing corrects a typographical error in the initial submission dated June 19, 2026, under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The aggregate sale comprised 10,000 equity shares sold by Rukmani Devi Mittal on June 15, 2026, and 1,50,000 shares sold by Kiran Mittal alongside 2,50,000 shares sold by Rukmani Devi Mittal on June 16, 2026. The total shares sold represent 3.26% of the total share capital.

Shareholding Pattern

The following table details the changes in the shareholding of the promoter group following the disposal:

Individual Holdings

Post-transaction, Rukmani Devi Mittal's holding decreased to 1,60,283 shares (1.27%), while Kiran Mittal's holding reduced to 1,46,303 shares (1.17%). The holdings of other group members, including Pawan Kumar Mittal and Ispatika International Limited, remained unchanged. Adishakti Loha and Ispat Limited's equity share capital stands at 1,25,58,000 equity shares of ₹10 each.