Disclosure Under Reg 29(2) of SAST and Reg 7(2) of PIT Sale of Shares .
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter Madhav Jayesh Valia sold 466 equity shares of East India Drums and Barrels Manufacturing Ltd on March 18, 2026, through the open market on BSE for a total traded value of Rs 58,250. Before the sale he held 75,23,266 shares (50.92% of the company); after the sale he holds 75,22,800 shares (50.92%). The change in stake is negligible at 0.00% and the total equity share capital remains unchanged at 1,47,74,221 shares. The disclosure is filed under SEBI takeover and insider trading regulations. Note: the Form C attached references VAS Infrastructure Ltd with a different ISIN, which appears to be a clerical/template error since the rest of the filing consistently refers to East India Drums and Barrels Manufacturing Ltd.
This is a token sale of just 466 shares with no change in promoter's effective stake or voting power, so it has no meaningful impact on shareholders or the stock price. Investors should view this as a routine regulatory disclosure rather than any signal about the promoter's confidence in the company.