The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ambassador Intra Holdings Ltd
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Ambassador Intra Holdings Limited, a non-promoter entity, sold 2,40,000 equity shares of IEL Ltd through open market on BSE on 17 September 2025. This reduced their holding from 1,08,97,751 shares (7.81%) to 1,06,57,751 shares (7.64%) of IEL's total share capital. The total equity share capital of IEL remains unchanged at 13,93,92,486 shares of Re. 1 each. The transaction was carried out on the floor of BSE and disclosed under SEBI's substantial acquisition and takeover regulations.
This is a minor stake reduction of just 0.17% by a non-promoter shareholder via open market. The sale size is relatively small and unlikely to materially impact the stock price, though it indicates some profit-taking or portfolio rebalancing by an institutional holder.