Steel Strips Wheels Ltd promoter Sunena Garg acquired 1,00,005 equity shares through open market transactions on September 23, 2026. This purchase increases her individual stake in the auto components manufacturer to 3.66% of the total share capital.

The acquisition was disclosed to BSE and NSE under Regulation 29(1) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The shares were purchased at face value of ₹1 each. Following this transaction, the total holding of the promoter group, including Persons Acting in Concert (PACs), stands at 61.21%.

Shareholding Pattern Update

The table below details the change in Sunena Garg’s personal holding and the aggregate promoter group stake before and after the acquisition:

Key Transaction Details

• Acquirer: Sunena Garg (Promoter)
• Mode of Acquisition: Open Market
• Date of Acquisition: September 23, 2026
• Shares Acquired: 1,00,005 equity shares
• Face Value: ₹1 per share
• Total Diluted Capital: 15,72,65,105 shares

What the Numbers Show

The transaction reflects a marginal but strategic increase in the promoter's direct skin in the game. While the absolute number of shares acquired (1,00,005) is small relative to the total outstanding capital of 15.7 crore shares, it represents a 0.06 percentage point increase in Sunena Garg’s personal holding. Notably, the stake of other promoters remained static at 57.55%, indicating that the entire shift in the promoter group's aggregate holding from 61.15% to 61.21% is driven solely by this specific acquisition by Sunena Garg.

Steel Strips Wheels promoter Sunena Garg disclosed the acquisition of 16,600 equity shares through the open market on September 15, 2026. The transaction was reported to stock exchanges on September 16, 2026, under Regulation 29 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The acquisition increases Garg’s individual stake from 3.59% to 3.60% of the total share capital. The broader promoter group, including persons acting in concert (PAC), now holds 61.15% of the company, up from 61.14% prior to the trade.

Shareholding Structure

Garg’s purchase adds to her existing holding of 5,647,574 shares. Post-acquisition, she holds 5,664,174 shares. The remaining promoter group stake remains unchanged at 57.55%, held by other promoters and entities such as Dheeraj Garg, Sab Industries Limited, and SAB Udyog Limited.

The company’s total equity share capital stands at ₹15,72,65,105, divided into 157,265,105 equity shares of face value Re. 1 each. No encumbrances, warrants, or convertible securities were involved in this specific transaction.

What the Numbers Show

The acquisition represents a marginal consolidation of promoter interest. With the promoter group controlling over 61% of the voting capital, the open market purchase reinforces existing control structures without altering the overall ownership distribution significantly. The absence of pledged shares among promoters indicates no immediate liquidity stress within the promoter group.