Disclosure Under Reg 29(2) of SAST and Reg 7(2) of PIT sale of Shares.
Price
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Awaiting price reaction for this filing.
Promoter Madhav Jayesh Valia sold 5,221 equity shares of East India Drums and Barrels Manufacturing Ltd in the open market on the BSE on January 16, 2026, for a total traded value of about Rs 6.51 lakh. The sale reduced his shareholding from 50.97% (75,30,088 shares) to 50.94% (75,24,867 shares), a marginal dip of 0.03%. The total equity share capital of the company remains 1,47,74,221 shares. No encumbrance or derivative trades were involved in this transaction.
The sale is very small and non-material for the stock price, with the promoter still holding above 50% stake, indicating continued strong promoter confidence and control. Retail investors should not read this as a negative promoter exit signal.