Pine View sells 310,000 shares in Adishakti Loha and Ispat

1 min read Updated on 07 Jul 2026, 07:06 PM

Reviewed by

Naman SScanX News Team

AI Summary

Pine View Portfolio Consultants Private Limited sold 310,000 shares in Adishakti Loha and Ispat Limited, reducing its stake from 10.83% to 8.36%. The transactions took place on June 24 and July 3, 2026, via the open market.

*this image is generated using AI for illustrative purposes only.

Pine View Portfolio Consultants Private Limited has sold 310,000 shares in adishakti loha & ispat via open market transactions, reducing its holding in the company. The sales, conducted on June 24 and July 3, 2026, were disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transactions involved the sale of 90,000 shares on June 24 and 220,000 shares on July 3.

Following the disposal, Pine View Portfolio Consultants Private Limited's shareholding in Adishakti Loha and Ispat Limited decreased to 8.36%. Prior to the sale, the entity held 13,60,000 shares, representing a 10.83% stake in the company. The target company's equity share capital remains unchanged at 1,25,58,000 equity shares of ₹10 each.

Shareholding Details

The disclosure outlines the shift in shareholding structure resulting from the open market sales. The acquirer confirmed that it does not belong to the promoter or promoter group of the target company.

Description	Number of Shares	% of Total Share Capital
Holding before sale	13,60,000	10.83%
Shares sold	3,10,000	2.46%
Holding after sale	10,50,000	8.36%

Transaction Particulars

The sales were executed entirely through the open market mechanism. The disclosure, submitted by Director Bhaskar, was filed with BSE Limited on July 6, 2026. The total voting capital of Adishakti Loha and Ispat Limited stands at 1,25,58,000 equity shares.

Historical Stock Returns for Adishakti Loha & Ispat

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.82%	+4.62%	-0.44%	+3.26%	-2.79%	+19.30%

What is driving Pine View Portfolio Consultants' decision to reduce its stake in Adishakti Loha & Ispat?

How might this significant share sale impact the stock's liquidity and price volatility in the near term?

Is Pine View planning to completely exit its position in Adishakti Loha & Ispat in the future?

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Pine View Portfolio Consultants cuts stake in Adishakti Loha

0 min read Updated on 24 Jun 2026, 07:10 PM

Reviewed by

Naman SScanX News Team

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AI Summary

Pine View Portfolio Consultants Private Limited sold 3,20,000 equity shares in Adishakti Loha and Ispat Limited through open market transactions on June 17, 18, and 22, 2026. This sale reduced the entity's holding from 13.38% to 10.83% of the total paid-up voting capital. The company's equity share capital remains unchanged at 1,25,58,000 shares of ₹10 each.

*this image is generated using AI for illustrative purposes only.

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.