Pine View Sells 320,000 Shares of Adishakti Loha and Ispat Ltd in Open Market
Pine View Portfolio Consultants Private Limited has executed a series of open market sales involving 320,000 shares of Adishakti Loha and Ispat Ltd (the Company). The sale was conducted across three separate dates.The transaction saw the sale of 100,000 shares on June 17, 2026, followed by 110,000 shares sold on June 18, 2026, and a final tranche of 110,000 shares sold on June 22, 2026.
The sales relate to the holdings of Pine View Portfolio Consultants Private Limited in Adishakti Loha and Ispat Ltd. Prior to the disposal, Pine View Portfolio held 16,80,000 shares, representing 13.38% of the total share or voting capital of the Company.
Following the sale of 320,000 shares through the open market, Pine View Portfolio Consultants Private Limited reduced its stake to 13,60,000 shares, which represents 10.83% of the company's equity.
Transactional Overview
The financial structure of Adishakti Loha and Ispat Ltd was reported as follows:| Metric | Pre-Sale Holding (Pine View Portfolio Consultants Private Limited) | Post-Sale Holding (Pine View Portfolio Consultants Private Limited) |
|---|---|---|
| Shares Carrying Voting Rights Sold/Held | 16,80,000 shares (13.38%) | 13,60,000 shares (10.83%) |
Company Capital Structure Details
The total equity structure of Adishakti Loha and Ispat Ltd was noted as follows:| Feature | Detail |
|---|---|
| Equity Share Capital before the sale | 1,25,58,000 Equity Shares of Rs.10 each, amounting to Rs. 12,55,80,000 |
| Total Diluted Share/Voting Capital after the sale | 1,25,58,000 Equity Shares of Rs.10 each, totaling Rs. 12,55,80,000 |
Stock Price Movement
For Adishakti Loha and Ispat Ltd., the stock settled at ₹13.83 today after dipping 4.55% in market close. The shares fluctuated throughout the day, moving between an intraday low of ₹13.51 and a high of ₹14.80.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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