Announced Wed, 14 Jan · 18:10 IST

Shri Madhav Jayesh Valia (The "Seller"), one of the promoter of East India Drums and Barrels Manufacturing Ltd (the "Company") has submitted to BSE a copy of intimation about acceptance ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter Madhav Jayesh Valia has accepted 4,812 shares subscribed in the Non-Retail category of his ongoing Offer for Sale (OFS) on T day (January 13, 2026). Any unsubscribed portion of the non-retail segment will be carried forward to T+1 day (January 16, 2026) and opened up for bidding by retail investors. The process is being carried out as per Clause 7.5 of the SEBI OFS circular dated January 10, 2023.

Likely market impact

The volume accepted so far is very small (4,812 shares), suggesting limited selling pressure from the promoter at this stage. Retail investors may get an opportunity to bid on the leftover shares on January 16, 2026, if any non-retail portion remains unsubscribed.