Disclosures under regulation 7(2) (A) of SEBI (PIT).
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Continental Securities Ltd has informed the BSE that Hemant Gupta, a member of the Promoter Group, sold 2,00,000 equity shares in the open market on 22 January 2026. The shares were sold in two tranches of 1,00,000 each at Rs. 16.00 and Rs. 16.40, totalling Rs. 32.40 lakh. Prior to the sale, he held 2,10,070 shares (0.72% of the company); after the sale, his holding has dropped sharply to just 10,070 shares (0.04%). The disclosure was filed under SEBI's Prohibition of Insider Trading Regulations, 2015.
This is a near-complete exit by a Promoter Group member, who has sold roughly 94% of his personal stake in the company. Such a steep reduction in promoter holding is a negative signal for retail investors and could weigh on sentiment around the stock.