Insider Trading & SAST disclosures for SAL Steel
The latest disclosure under SEBI Prohibition of Insider Trading regulations was made by
SREE METALIKS LIMITED in SAL Steel where Acquisition of 35,750,000
Equity Shares done at an average price of Rs. 18
was reported to the exchange on Feb. 18, 2026.
The latest disclosures under SEBI SAST(Substantial Acquisition of Shares and Takeovers) Regulations, 2011 transaction was made by
Sree Metaliks Ltd in SAL Steel where Acquisition of 35,750,000
shares done
was reported to the exchange on Feb. 17, 2026.
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 |
|
SREE METALIKS LIMITED
|
Promoter |
Acquisition |
18 Feb 2026 |
35,750,000 |
83,262,199
(57.51%)
|
24.69%
|
18 |
643,500,000
|
14 Feb 2026
14 Feb 2026 |
Insider Trading |
Equity Shares |
Conversion of security |
|
SREE METALIKS LIMITED
|
Promoter |
Disposal |
18 Feb 2026 |
35,750,000 |
0
(0%)
|
24.69%
|
4.5 |
160,875,000
|
14 Feb 2026
14 Feb 2026 |
Insider Trading |
Warrants |
Conversion of security |
|
Sree Metaliks Ltd
|
Promoter |
Acquisition |
27 Feb 2026 |
35,750,000 |
83,262,199
(57.51%)
|
-
|
|
-
|
14 Feb 2026
14 Feb 2026 |
SAST (29(2)) |
- |
Conv. of Warrants |
|
SREE METALIKS LIMITED
|
Promoter |
Disposal |
17 Feb 2026 |
35,750,000 |
0
(0%)
|
24.69%
|
3.4 |
120,000,000
|
14 Feb 2026
14 Feb 2026 |
Insider Trading |
Warrants |
Conversion of security |
|
SREE METALIKS LIMITED
|
Promoter |
Acquisition |
17 Feb 2026 |
35,750,000 |
83,262,199
(57.51%)
|
24.69%
|
3.4 |
120,000,000
|
14 Feb 2026
14 Feb 2026 |
Insider Trading |
Equity Shares |
Conversion of security |
|
SREE METALIKS LIMITED
|
Promoter |
Disposal |
17 Feb 2026 |
35,750,000 |
0
(0%)
|
32.79%
|
3.4 |
120,000,000
|
14 Feb 2026
14 Feb 2026 |
Insider Trading |
Warrants |
Conversion of security |
|
SREE METALIKS LIMITED
|
Promoter |
Acquisition |
17 Feb 2026 |
35,750,000 |
83,262,199
(57.51%)
|
32.79%
|
3.4 |
120,000,000
|
14 Feb 2026
14 Feb 2026 |
Insider Trading |
Equity Shares |
Conversion of security |
|
SREE METALIKS LIMITED
|
Promoter |
Acquisition |
29 Dec 2025 |
23,459,495 |
42,709,495
(29.51%)
|
22.51%
|
25 |
586,487,375
|
26 Dec 2025
26 Dec 2025 |
Insider Trading |
Equity Shares |
Off Market |
|
SREE METALIKS LIMITED
|
Promoter |
Acquisition |
29 Dec 2025 |
4,800,000 |
40,550,000
(28.01%)
|
4.61%
|
6.3 |
30,000,000
|
26 Dec 2025
26 Dec 2025 |
Insider Trading |
Warrants |
Off Market |
|
SREE METALIKS LIMITED
|
Promoter |
Acquisition |
29 Dec 2025 |
4,800,000 |
47,512,199
(32.82%)
|
4.61%
|
25 |
120,000,000
|
28 Dec 2025
28 Dec 2025 |
Insider Trading |
Equity Shares |
Conversion of security |
|
SREE METALIKS LIMITED
|
Promoter |
Disposal |
29 Dec 2025 |
4,800,000 |
35,750,000
(24.69%)
|
4.61%
|
6.3 |
30,000,000
|
28 Dec 2025
28 Dec 2025 |
Insider Trading |
Warrants |
Conversion of security |
|
Sree Metaliks Ltd
|
Promoter |
Acquisition |
21 Jan 2026 |
4,800,000 |
47,512,199
(43.58%)
|
4.40%
|
|
-
|
28 Dec 2025
28 Dec 2025 |
SAST (29(2)) |
- |
Conv. of Warrants |
|
SAL Care Pvt Ltd
|
Promoter |
Disposal |
21 Jan 2026 |
12,702,506 |
-
|
12.19%
|
|
-
|
26 Dec 2025
26 Dec 2025 |
SAST (29(2)) |
- |
Off Market / Inter se transfer |
|
Shah Alloys Ltd
|
Promoter |
Disposal |
21 Jan 2026 |
10,756,989 |
19,500,000
(18.71%)
|
10.32%
|
|
-
|
12 Dec 2025
12 Dec 2025 |
SAST (29(2)) |
- |
Off Market Transfer |
|
Sree Metaliks Ltd
|
Other |
Acquisition |
21 Jan 2026 |
23,459,495 |
42,712,199
(40.98%)
|
22.51%
|
|
-
|
26 Dec 2025
26 Dec 2025 |
SAST (29(2)) |
- |
Off Market / Inter se transfer |
|
Sree Metaliks Ltd
|
Other |
Acquisition |
03 Nov 2025 |
19,250,000 |
19,250,000
(13.57%)
|
13.57%
|
|
-
|
30 Oct 2025
30 Oct 2025 |
SAST (29(1)) |
- |
Pref. Allotment |
|
Sree Metaliks Limited
|
Other |
Acquisition |
01 Nov 2025 |
35,750,000 |
35,750,000
(24.69%)
|
42.08%
|
18 |
643,500,000
|
30 Oct 2025
30 Oct 2025 |
Insider Trading |
Warrants |
Allotment |
|
Sree Metaliks Limited
|
Other |
Acquisition |
01 Nov 2025 |
19,250,000 |
19,250,000
(13.30%)
|
22.66%
|
18 |
346,500,000
|
30 Oct 2025
30 Oct 2025 |
Insider Trading |
Equity Shares |
Allotment |
|
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.