Electrosteel Castings Limited

DecreasedQuarterly

ELECTCASTIron & Steel ProductsMarket Cap₹5K Cr

Stake

5.83% → 5.54%

Belgrave

Foreign Investor

The move

Belgrave decreased its stake in Electrosteel Castings from 5.83% to 5.54% by selling 18 lakh shares for ₹14 Cr at ₹77.81 apiece.

About Electrosteel Castings Limited

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A manufacturer of ductile iron pipes, ductile iron fittings, and cast iron pipes for water and sewage infrastructure applications across India. The company also produces and supplies pig iron as a core offering. Electrosteel Castings operates as a vertically integrated producer in the iron and steel products sector, serving municipal and industrial customers with foundry-cast products and raw material solutions.

About Belgrave

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A Mauritius-based foreign portfolio investor, Belgrave Investment Fund, that invests in Indian listed equities and is an active anchor investor in Indian IPOs, including in the SME segment.

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More moves in Electrosteel Castings Limited

BADRINATH INDUSTRIES LIMITEDIncreased

BADRINATH INDUSTRIES LIMITED, a promoter group entity, increased its stake in Electrosteel Castings by purchasing 20,08,825 shares for ₹16.07 Cr at ₹79.99 apiece.

27 Mar 2026

BADRINATH INDUSTRIES LIMITEDIncreased

BADRINATH INDUSTRIES LIMITED, a promoter group entity, bought 11,37,246 shares of Electrosteel Castings for ₹8.84 Cr at ₹77.71 apiece on March 25, 2026, increasing its stake to 0.18%.