Vijay Rathee Acquires Shares in Mahamaya Steel Industries Limited in Open Market
Vijay Rathee has increased their holding in Mahamaya Steel Industries Limited (MSIL) through an open market acquisition. The shares were acquired on July 8, 2026.The transaction saw the acquirer increase their stake following prior holdings of 4.985%. Prior to this acquisition, Vijay Rathee held 819,380 shares carrying voting rights in Mahamaya Steel Industries Limited.
Details regarding the acquisition are summarized below:
| Metric | Before Acquisition | Acquisition Details | After Acquisition |
|---|---|---|---|
| Acquirer | Vijay Rathee | OPENMARKET | Vijay Rathee |
| Shares Carrying Voting Rights | 819,380 (4.985%) | 2,810 shares (0.017%) | 822,190 (5.002%) |
| Encumbered Shares | NIL | NIL | NIL |
| Total Equity Share Capital (Face Value INR 10) | 16,434,400 (INR 164,344,000) | 16,434,400 (INR 164,344,000) | |
| Total Diluted Share/Voting Capital after Acquisition | 16,434,400 (INR 164,344,000) |
The acquisition was conducted through the open market. Following this transaction, Vijay Rathee's total holding in Mahamaya Steel Industries Limited increased to 822,190 shares, representing a stake of 5.002%.
MAHASTEEL Stock Price Movement
As of 1:51 PM, shares of Mahamaya Steel Industries Limited climb to ₹850, buoyed by a sharp 2.26% jump in live trading. The equity continues its ascent, with 1,432 shares traded during this active market session.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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