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 9,84,572 equity shares of IEL Limited on July 29, 2025, through open market on BSE. This reduced its holding from 1,91,86,602 shares (14.71%) to 1,82,02,020 shares (13.95%), a decline of about 0.76 percentage points. The disclosure was filed under SEBI's SAST Regulation 29(2) by the company's Managing Director Rajesh Singhthakur. The total equity share capital of IEL remains unchanged at Rs. 13.03 crore divided into 1,30,39,248 shares of Re. 1 each.
Since the seller is not a promoter and the stake cut is modest, this is unlikely to materially affect the stock price. Retail investors may note it as a minor non-promoter trimming of exposure in an otherwise small-cap name.