Shantaben Patel sells 12,455 shares in RR MetalMakers India
Shantaben Sureshbhai Patel sold 12,455 shares, representing 0.13% of RR MetalMakers India Ltd, via the open market on July 6, 2026. The disclosure filed under SEBI regulations confirms that her holding has reduced to nil following the transaction.
*this image is generated using AI for illustrative purposes only.
Shantaben Sureshbhai Patel has divested her entire shareholding in RR MetalMakers India Ltd by selling 12,455 shares through the open market on July 6, 2026. The transaction, which represents 0.13% of the company's total paid-up equity share capital, was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to the sale, the acquirer held a 0.13% stake in the target company, which has now been reduced to nil following the disposal of shares.
The shares were sold on the BSE Limited, where RR MetalMakers India Ltd is listed. The equity share capital of the company remained unchanged at 90,08,824 shares of Re. 10/- each before and after the transaction. The disclosure confirmed that the acquirer did not belong to the promoter or promoter group of the target company.
Shareholding Details
The disclosure outlines the shift in holding structure for Shantaben Sureshbhai Patel, detailing the status before and after the market transaction.
| Description | Number of Shares | % of Total Share Capital | % of Total Diluted Share Capital |
|---|---|---|---|
| Holding Before Sale | |||
| Shares carrying voting rights | 12,455 | 0.13 | 0.13 |
| Total (a+b+c) | 12,455 | 0.13 | 0.13 |
| Shares Sold | 12,455 | 0.13 | 0.13 |
| Holding After Sale | |||
| Shares carrying voting rights | Nil | Nil | Nil |
| Total (a+b+c) | Nil | Nil | Nil |
Transaction Particulars
The sale was executed via the open market mechanism. The specific date of the share sale was recorded as July 6, 2026. The total diluted share/voting capital of the target company, assuming full conversion of outstanding convertible securities or warrants, stands at 90,08,824 shares. The salient features of the securities were noted as not applicable in the filing, which was signed and submitted by the acquirer from Ahmedabad.
Historical Stock Returns for RR Metalmakers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.99% | +8.17% | +38.05% | +102.30% | +64.88% | +98.73% |
What motivated the shareholder to exit the position completely, and does this signal a lack of confidence in the company's future performance?
How might the open market sale of this stake impact RR MetalMakers' share price and liquidity in the short term?
Are there other significant shareholders currently considering divesting their holdings following this transaction?
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