Insider Trading & SAST disclosures for Steel Authority of India (SAIL) Ltd.
The latest disclosure under SEBI Prohibition of Insider Trading regulations was made by
President of India in Steel Authority of India (SAIL) Ltd. where Disposal of 413,052,528
Equity Shares done at an average price of Rs. 66.4
was reported to the exchange on Jan. 19, 2021.
The latest disclosures under SEBI SAST(Substantial Acquisition of Shares and Takeovers) Regulations, 2011 transaction was made by
Life Insurance Corporation of India in Steel Authority of India (SAIL) Ltd. where Acquisition of 82,659,782
shares done
was reported to the exchange on June 9, 2023.
Insider trades are disclosures under SEBI (Prohibition of Insider Trading) Regulations, 2015 ([Regulation 7 (2) with 6(2)] made by corporate insiders: promoters, officers, directors, employees and large shareholders who are buying and selling stock in their own companies.
Client Name |
Client Category |
Action* |
Reported To/By Exchange |
Quantity |
Post Transaction Holding |
Traded % |
Avg. Price |
Value |
Period |
Regulation (Insider/SAST) |
Security Type |
Mode |
Life Insurance Corporation of India
|
Other |
Acquisition |
20 Jun 2023 |
82,659,782 |
358,807,919
(8.68%)
|
2%
|
|
-
|
14 Oct 2021 08 Jun 2023 |
SAST (29(2)) |
- |
Market |
Life Insurance Corporation of India
|
Other |
Disposal |
18 Oct 2021 |
82,802,533 |
276,148,137
(6.68%)
|
2.01%
|
|
-
|
18 Jun 2021 14 Oct 2021 |
SAST (29(2)) |
- |
Market |
Life Insurance Corportion of India
|
Other |
Disposal |
21 Jun 2021 |
83,284,667 |
358,950,670
(8.69%)
|
2.02%
|
|
-
|
23 Apr 2019 18 Jun 2021 |
SAST (29(2)) |
- |
Market |
President of India
|
Promoter |
Disposal |
19 Jan 2021 |
413,052,528 |
2,684,714,921
(65%)
|
10.00%
|
66.4 |
27,407,158,471
|
14 Jan 2021 15 Jan 2021 |
Insider Trading |
Equity Shares |
Market Sale |
The President of India, Ministry of Steel, Government of India
|
Promoter |
Disposal |
18 Jan 2021 |
413,052,528 |
2,684,714,921
(65%)
|
10%
|
|
-
|
14 Jan 2021 15 Jan 2021 |
SAST (29(2)) |
- |
Offer For Sale |
The President of India acting through and represented by the Ministry of Steel Government of India
|
Promoter |
Disposal |
18 Jan 2021 |
413,052,528 |
2,684,714,921
(65%)
|
10.00%
|
66.4 |
27,407,158,471.03
|
14 Jan 2021 15 Jan 2021 |
Insider Trading |
Equity Shares |
Market |
Life Insurance Corporation of India
|
Other |
Disposal |
24 Apr 2019 |
83,569,047 |
442,235,337
(10.70%)
|
2.02%
|
|
-
|
23 Mar 2013 23 Apr 2019 |
SAST (29(2)) |
- |
Market |
The President of India acting through and represented by the Ministry of Steel,Government of India
|
Promoter |
Disposal |
09 Dec 2014 |
206,526,264 |
3,097,767,449
(75%)
|
5%
|
|
-
|
05 Dec 2014 05 Dec 2014 |
SAST (29(2)) |
- |
Offer For Sale |
*Actions covered:
Acquisition (Buy): Purchase of shares
Disposal (Sell): Sale of shares
Pledge: Shares being used by promoters as collateral for loans. Usually a negative signal.
Revoke: When shares are released from a pledge. Usually a positive signal.
Invoke: When pledged shares are invoked by companies/banks who have provided the collateral, which may result in acquisition of stake in the company. Usually a negative signal.
Client Category: Promoter/ KMP/ Director / Immediate Relatives / Employee / etc
Security Type: Share/ Warrants / Convertible Debentures
Kind of transaction Mode: Public rights/ preferential offer / off market / inter-se transfer/ Market Sale
Data as reported to BSE and NSE
Insider trading data is from Disclosure under SEBI (Prohibition of Insider Trading) Regulations, 2015.