Acquisition Details for Mahamaya Steel Industries Limited: Vijay Rathee Increases Stake
Vijay Rathee has acquired an additional stake in Mahamaya Steel Industries Limited through the open market, bringing his total holding to 5.002%. The acquisition was completed on July 8, 2026.The data confirms that Vijay Rathee, who is not part of a Promoter group, previously held 4.985% of the equity shares of Mahamaya Steel Industries Limited.
Details of the pre and post-acquisition holding are presented below:
| Metric | Before Acquisition (Acquirer Holding) | Details of Acquisition | After Acquisition (Acquirer Holding) |
|---|---|---|---|
| Shares Carrying Voting Rights | 819,380 | 2,810 shares acquired | 822,190 |
| Percentage (%) | 4.985% | 0.017% of the acquisition was conducted | 5.002% |
The entire transaction, which involved purchasing shares carrying voting rights through the open market, resulted in an increase in Vijay Rathee's stake in Mahamaya Steel Industries Limited.
Capital Structure Updates
During the reported period, the equity share capital of Mahamaya Steel Industries Limited stood at 16,434,400 equity shares of face value INR 10, totaling INR 164,344,000. The document indicates that the equity share capital and total voting capital remained unchanged after this specific acquisition.
The transaction highlights the details of the acquirer, Vijay Rathee, who holds PAN ADXPR3737M.
MAHASTEEL Stock Price Movement
As of 9:57 AM, shares of Mahamaya Steel Industries Limited are gaining ground in live trading, rising 1.14% to trade at ₹840.7. The equity remains volatile as it operates within an intraday range spanning from a low of ₹827.10 to a high of ₹846.65.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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