Electrosteel Castings Limited Announces Promoter Group Acquisition of Shares
Electrosteel Castings Limited disclosed on March 23, 2026, that Electrosteel Thermal Coal Limited, a part of its Promoter Group, acquired 6,00,000 equity shares of Electrosteel Castings Limited on March 20, 2026. The acquisition was made through the National Stock Exchange of India Limited for an aggregate cost of Rs 4,53,85,107.64.According to a regulatory filing, Electrosteel Thermal Coal Limited held 20,500,000 equity shares, representing 3.32% of the company, prior to the acquisition. Following the purchase, the Promoter Group's holding increased to 21,100,000 equity shares, representing 3.41%.The details of the transaction are summarized in the table...