Intimation pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirement ) Regulations,2015 ( Listing Regulation).
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The company has informed the BSE that one of its promoters, Madhav Jayesh Valia, has submitted a notice for an Offer for Sale (OFS) of shares. The OFS will be carried out through the stock exchange mechanism on BSE. No details on the number of shares, floor price, or sale date have been disclosed in this intimation. The filing is made under Regulation 30 of the SEBI Listing Regulations purely for informational and record purposes.
An OFS by a promoter typically signals a partial exit and can create short-term selling pressure on the stock. Shareholders should watch for the actual pricing and size of the offering once details are announced, as promoter stake sales are generally viewed cautiously by retail investors.