Riddhi Steel & Tube Limited has received a substantial acquisition disclosure from its promoter Riddhi Rajesh Mittal regarding the purchase of additional equity shares. The transaction, completed on December 22, 2025, involves the acquisition of 6,000 equity shares through open market purchase.

Acquisition Details

The share acquisition represents a modest increase in the promoter's individual stake in the company. The following table summarizes the key transaction parameters:

Shareholding Pattern Changes

The acquisition has resulted in changes to both individual and collective promoter group holdings. Riddhi Rajesh Mittal's individual shareholding increased from 3,41,238 shares to 3,47,238 shares.

Promoter Group Structure

The disclosure identifies the complete promoter group structure, including persons acting in concert (PAC). The promoter group consists of five entities, all maintaining their promoter status. The combined promoter group holding of 58,19,894 shares (70.20%) remained unchanged, as this acquisition was made by the individual promoter rather than the collective group entities.

Company Capital Structure

Riddhi Steel and Tube Limited maintains a stable equity share capital structure. The company's total equity share capital stands at ₹8,29,02,520, comprising 82,90,252 equity shares of ₹10 each. The total diluted share capital remains unchanged at the same level, indicating no outstanding convertible securities or warrants.

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The formal communication was submitted to BSE Limited on December 23, 2025, one day after the transaction completion. The company is listed on BSE with CIN L27106GJ2001PLC039978 and maintains its registered office in Ahmedabad, Gujarat.

Riddhi Steel & Tube Limited has received a disclosure from its promoter regarding the acquisition of additional equity shares under regulatory requirements. The transaction represents a modest increase in the promoter's individual stake in the steel company.

Share Acquisition Details

Rajesh Kumar Ramkumar Mittal, a promoter of Riddhi Steel & Tube Limited, purchased 12,000 equity shares on December 18, 2025. The acquisition was made through open market transactions and disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Pattern Changes

The acquisition resulted in changes to the promoter's individual shareholding in the company. Mittal's stake increased marginally following the transaction.

Promoter Group Structure

The disclosure also revealed the complete promoter group structure, including persons acting in concert (PAC) with the acquirer:

• Rajesh Kumar Ramkumar Mittal (Acquirer)
• Rajesh R Mittal HUF (PAC)
• Preeti Rajesh Mittal (PAC)
• Rajat Rajesh Mittal (PAC)
• Riddhi Rajesh Mittal (PAC)

The combined promoter group holding of 61,61,132 shares represents 74.32% of the company's total share capital of 82,90,252 equity shares of ₹10.00 each.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations governing substantial acquisition of shares. The company's shares are listed on BSE Limited, and the acquisition falls within the regulatory framework for promoter transactions. The disclosure ensures transparency in shareholding changes and maintains compliance with listing requirements.