Dear Sir/Madam , This is to inform you that, we have received the disclosure under Regulation 29(2) of the SEBI(SAST)Regualtion, 2011 dated 20/01/2026 from M/S Blue Bell Finance Limited.
Awaiting price reaction for this filing.
Blue Bell Finance Ltd, a non-promoter entity, has sold 2,54,03,043 equity shares (4.05%) of Alstone Textiles through open market transactions between December 5, 2025 and January 16, 2026. Before the disposal, Blue Bell Finance held 5,29,99,900 shares (8.44%), which has now reduced to 2,75,96,557 shares (4.39%) post-sale. The shares were sold across 10 separate trading days in tranches ranging from 50 lakh to 5.5 crore shares. Alstone Textiles has a total equity share capital of 62,74,80,000 shares of Rs. 1 each.
A non-promoter shareholder has significantly reduced its stake from 8.44% to 4.39%, which represents a halving of holdings and may create supply-side pressure on the stock. Shareholders should monitor further disclosures to track Blue Bell Finance's remaining stake and any potential overhang.