Non-promoter sellers cut stake by 6.25% via open market
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Awaiting price reaction for this filing.
Akshat Jain and Niharika Jain (Persons Acting in Concert, not part of promoter group) sold 15,000 equity shares (6.25%) of E & E Enterprises in the open market on 17 June 2026. Akshat Jain sold 4,999 shares, moving from 4.15% to 2.07%. Niharika Jain sold 10,001 shares, moving from 5.15% to 0.98%. Their combined holding dropped from 9.30% to 3.05% of the company. Disclosure filed under SEBI SAST Regulation 29(2). Total equity capital of the company is 2,40,000 shares of Rs 10 each.
A sizeable non-promoter exit of over 6% may signal reduced confidence; could exert short-term supply pressure on the stock.