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 3,00,000 equity shares of IEL Limited via open market on BSE on September 18, 2025. Their holding reduced from 10,657,751 shares (7.64%) to 10,357,751 shares (7.43%), a decrease of 0.21 percentage points. The company's total equity capital remains unchanged at 13,93,92,486 shares of Re. 1 each. The seller is explicitly identified as not belonging to the promoter/promoter group.
This is a modest stake reduction by a non-promoter substantial shareholder, unlikely to materially affect the stock price or control structure of IEL Limited. Investors may note it as routine portfolio rebalancing by a non-promoter holder.