Smart Money Alert

Rajputana Stainless Limited

DecreasedQuarterly

RSLBasic MaterialsMarket Cap₹1K Cr

Stake

3.47% → 2.55%

Holding

21.30 L shares

Change

−7.70 L shares

As of

Sept 2026

Since alert−7.4%₹177.68 → ₹164.51

Nifty 50−0.3%

Goldman Sachs

Foreign Investor

The move

Goldman Sachs cut its stake in Rajputana Stainless from 3.47% to 2.55% by selling 7,69,900 shares, amid a rights issue.

About Rajputana Stainless Limited

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A special steel manufacturer with over three decades of experience, producing a comprehensive range of stainless steel products from its facility in Panchmahals, Gujarat. Its product portfolio includes round bars, square and hexagonal bars, wire rods, billets, duplex steel, and precision shaft quality bars, serving engineering, automotive, and industrial customers across domestic and international markets. The company offers customized packaging and delivery solutions tailored to specific client requirements.

About Goldman Sachs

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US-based global investment bank (USD 1.6 trillion in assets, USD 3 trillion+ in client AUM through Goldman Sachs Asset Management). India FPI activity covers proprietary, market-making, client flows and active asset management mandates in listed Indian equities.

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More moves in Rajputana Stainless Limited

Nihali Yash Sanghvi along with pacIncreased

Promoter group member Nihali Yash Sanghvi, along with persons acting in concert, bought 25,000 shares of Rajputana Stainless through the open market, raising their collective stake from 37.95% to 37.98%.

29 Sept 2026

Mahima Dixit Bokadia along with pacIncreased

The promoter group bought 1,45,576 shares of Rajputana Stainless Limited via open market purchases, raising their collective stake from 37.79% to 37.96%. Yashkumar Shankarlal Mehta - 84,576 shares Mahima Dixit Bokadia - 31,000 shares Surekha Mehta - 30,000 shares