Pursuant to Regulation 7(2) of SEBI (PIT) Regulations, Please find enclosed herewith disclosure received by promoter group
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Orchid Securities Private Limited, a promoter group entity of Continental Securities Ltd, sold 1,87,003 equity shares (~2.85% of total equity) in the open market between August 21 and August 22, 2025. This reduced the promoter group's holding from 6,57,047 shares (~10.00%) to 4,70,044 shares (~7.15%). The disclosure was filed under Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, with intimation given to the company on August 23, 2025. The shares were sold on the BSE, and no derivative trading was involved.
A promoter group entity reducing its stake by nearly 3 percentage points in just two days can be viewed negatively by retail investors as it may suggest reduced promoter confidence or a need for liquidity. Shareholders should watch for any further stake reductions by the promoter group.