India Steel International Disposes 666,100 Equity Shares of India Homes Limited

2 min read     Updated on 24 Dec 2025, 10:26 AM
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Reviewed by
Riya DScanX News Team
Overview

India Steel International Private Limited, a promoter of India Homes Limited, has sold 666,100 equity shares (0.17% of total capital) through open market transactions from December 19-22, 2025. This reduced the promoter's stake from 10.71% to 10.54%, and the total promoter group holding from 36.29% to 36.12%. The transaction was disclosed in compliance with SEBI regulations.

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

India Homes Limited has received a regulatory disclosure from its promoter entity regarding a significant share disposal transaction. India Steel International Private Limited has sold 666,100 equity shares of the company through open market transactions, as disclosed under SEBI's substantial acquisition regulations.

Transaction Details

The share disposal transaction involved specific parameters that demonstrate the scale and nature of the sale:

Parameter Details
Shares Disposed 666,100 equity shares
Transaction Mode Open Market
Transaction Period December 19-22, 2025
Percentage of Total Capital 0.17%
Total Share Capital 398,080,925 shares

Impact on Promoter Holdings

The transaction has resulted in changes to the overall promoter group shareholding pattern in India Homes Limited:

Holding Category Before Transaction After Transaction Change
India Steel International Pvt Ltd 42,618,149 shares (10.71%) 41,952,049 shares (10.54%) -666,100 shares
Other Promoters 101,826,799 shares (25.58%) 101,826,799 shares (25.58%) No change
Total Promoter Group 144,444,948 shares (36.29%) 143,778,848 shares (36.12%) -0.17%

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. India Steel International Private Limited filed the necessary documentation with BSE Limited on December 23, 2025, ensuring compliance with regulatory requirements.

The company confirmed its status as part of the promoter group and provided detailed breakdowns of shareholding patterns both before and after the transaction.

Market and Corporate Structure

India Homes Limited maintains its listing on BSE with scrip code 513361. The company's total equity share capital remains unchanged at 398,080,925 shares following this transaction. The promoter group structure includes multiple entities, with India Steel International Private Limited serving as a significant promoter alongside other group companies and individual promoters.

Historical Stock Returns for India Homes

1 Day5 Days1 Month6 Months1 Year5 Years
-1.25%-1.49%+23.01%+101.19%+123.96%+1,296.47%
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India Homes Limited Executes Tripartite Agreement for Registrar Transfer

2 min read     Updated on 17 Dec 2025, 05:31 PM
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Reviewed by
Ashish TScanX News Team
Overview

India Homes Limited has executed a tripartite agreement on December 15, 2025, completing the transfer of registrar services from MUFG Intime India Private Limited to Purva Sharegistry India Private Limited. The agreement, executed under SEBI LODR Regulation 7(4), establishes comprehensive guidelines for data handover, liability frameworks, and transition responsibilities with a cut-off date of September 30, 2025.

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India Homes Limited has executed a tripartite agreement on December 15, 2025, to formalize the transfer of its registrar and share transfer agent services. The agreement marks the completion of the transition from MUFG Intime India Private Limited to Purva Sharegistry India Private Limited as the company's new registrar and transfer agent.

Regulatory Compliance and Agreement Details

The tripartite agreement was executed in compliance with Regulation 7(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows the company's earlier intimation dated September 30, 2025, regarding the change of registrar and transfer agent services.

Parameter: Details
Agreement Date: December 15, 2025
Old RTA: MUFG Intime India Private Limited
New RTA: Purva Sharegistry India Private Limited
Cut-off Date: September 30, 2025
Regulation: SEBI LODR Regulation 7(4)

Parties to the Agreement

The tripartite agreement involves three key parties with specific roles and responsibilities. India Homes Limited serves as the issuer, having its registered office at India Steel Works Complex, Zenith Compound, Khopoli, Raigad, Maharashtra. The company is listed on BSE Limited and has 92,403 shareholders as per the agreement documentation.

MUFG Intime India Private Limited, the existing share transfer agent, has its registered office at C-101, Embassy 247, L.B.S. Marg, Vikhroli (W), Mumbai. Purva Sharegistry India Private Limited, the new share transfer agent with SEBI registration number INR000001112, operates from Unit No. 9, Shiv Shakti Industrial Estate, J.R. Boricha Marg, Lower Parel (E), Mumbai.

Key Agreement Provisions

The agreement establishes comprehensive guidelines for the transition process, including data handover procedures and liability frameworks. The existing registrar has handed over all records, data, and documents to the new registrar within the specified timeframe, with proper cataloguing and indexing as required under SEBI regulations.

Critical Transition Elements:

  • Complete handover of three years of records prior to cut-off date
  • Independent auditor verification of transferred documents
  • Capital reconciliation including NSDL, CDSL, and physical shareholdings
  • No Objection Certificate obtained from existing registrar
  • Tripartite hard copy documentation signed by all parties

Liability and Responsibility Framework

The agreement clearly delineates responsibilities between the parties for different time periods. All liabilities and responsibilities prior to the September 30, 2025 cut-off date remain with the issuer and existing share transfer agent as applicable. The new registrar assumes responsibility for all share transfer activities after the cut-off date, except for liabilities arising from actions taken in good faith based on data received from the previous parties.

The existing registrar will preserve soft copies of transferred data for three years post-handover, after which they will not be responsible for any loss of records. This arrangement ensures continuity of service while providing clear accountability frameworks for all stakeholders involved in the transition process.

Historical Stock Returns for India Homes

1 Day5 Days1 Month6 Months1 Year5 Years
-1.25%-1.49%+23.01%+101.19%+123.96%+1,296.47%
India Homes
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