Pine View Portfolio Consultants Sells Shares in Adishakti Loha and Ispat Limited
Pine View Portfolio Consultants Private Limited has sold a significant portion of its holdings in Adishakti Loha and Ispat Limited, completing the Open Market sales over two consecutive days. The sale marks a change in stake for the consultant firm regarding the target company.The sales transaction involved 540,000 shares across two dates: 350,000 shares were sold on July 27, 2026, and an additional 190,000 shares were sold on July 28, 2026.
Pine View Portfolio Consultants Private Limited initially held 10,50,000 shares in Adishakti Loha and Ispat Limited, representing a stake of 8.36% prior to the sales. Following the disposal of 540,000 shares, the firm's current holding stands at 5,10,000 shares, which translates to 4.07% of the company.
The sale was conducted through the Open Market, and Pine View Portfolio Consultants Private Limited is not classified as a promoter or part of the promoter group in Adishakti Loha and Ispat Limited.
Shareholding Transition Overview
The table below details the transition of shares held by Pine View Portfolio Consultants Private Limited before and after the Open Market sales in Adishakti Loha and Ispat Limited:
| Metric | Before Sale (Shares) | After Sale (Shares) |
|---|---|---|
| Shares Held by Pine View Portfolio Consultants Private Limited | 10,50,000 | 5,10,000 |
| Percentage Holding | 8.36% | 4.07% |
Company Capital Structure
Details pertaining to the equity share capital of Adishakti Loha and Ispat Limited were reported as follows:
- Total Voting Capital Before Sale: The company had a total voting capital of 1,25,58,000 Equity Shares of Rs. 10 each, valued at Rs. 12,55,80,000.
- Capital Structure After Sale: Following the transaction, the total diluted share/voting capital remained 1,25,58,000 Equity Shares of Rs. 10 each, totaling Rs. 12,55,80,000.
Stock Price Movement
Adishakti Loha and Ispat Ltd shares settled at ₹12.19 on Wednesday, registering a 4.02% decline. Throughout the trading session, the shares moved within an intraday range from a low of ₹12.00 to a high of ₹12.58.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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