INCREDIBLE INDUSTRIES LIMITED has informed the Exchange regarding 'Disclosure pursuant to Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.'.
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Incredible Industries reported two insider trading disclosures both dated 25 March 2026. RND Steels Limited, part of the promoter group, sold 3,40,000 equity shares (0.73% of equity capital) on the open market. On the very same day, Mrs. Chandrakanta Agarwal, also part of the promoter group, purchased an identical 3,40,000 shares (0.73% of equity capital) on the open market. Because the same number of shares left one promoter group entity and entered another on the same day, this appears to be an internal reshuffling within the promoter group rather than a net change in overall promoter ownership. The total promoter group shareholding in the company should remain unchanged as a result of these transactions.
Since the shares simply moved from one promoter group entity to another, there is no meaningful change in total promoter holding and limited direct impact on shareholders. Investors should, however, watch the share price around the trade date for any unusual volume signals, as on-market promoter group trades of this size can attract market attention.