Insider Trading & SAST disclosures for SAL Steel Ltd.
The latest disclosure under SEBI Prohibition of Insider Trading regulations was made by
SAL Care Private Limited in SAL Steel Ltd. where Acquisition of 4,800,000
Warrants done at an average price of Rs. 6.3
was reported to the exchange on July 1, 2024.
The latest disclosures under SEBI SAST(Substantial Acquisition of Shares and Takeovers) Regulations, 2011 transaction was made by
SAL CARE PRIVATE LIMITED in SAL Steel Ltd. where Pledge of 12,702,900
shares done
was reported to the exchange on Aug. 12, 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 |
|
SAL Care Private Limited
|
Promoter |
Acquisition |
01 Jul 2024 |
4,800,000 |
4,800,000
(100%)
|
5.65%
|
6.3 |
30,000,000
|
29 Jun 2024
29 Jun 2024 |
Insider Trading |
Warrants |
Allotment |
|
SAL CARE PRIVATE LIMITED
|
Promoter |
Pledge |
24 Dec 2024 |
12,702,900 |
0
|
-
|
|
-
|
08 Aug 2023
08 Aug 2023 |
SAST (Reg31) |
- |
Release |
|
SHAH ALLOYS LIMITED
|
Promoter |
Pledge |
24 Dec 2024 |
10,756,989 |
19,500,000
|
-
|
|
-
|
06 Dec 2022 |
SAST (Reg31) |
- |
Release |
|
SHAH ALLOYS LIMITED
|
Promoter |
Pledge |
24 Dec 2024 |
10,756,989 |
19,500,000
|
-
|
|
-
|
06 Dec 2022 |
SAST (Reg31) |
- |
Release |
*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.