Pursuant to regulation 30 of SEBI LODR Regulation,2015, Stock-exchange and Stakeholder are requested to take on record that the Mr. Vishal thakkar Promoter and MD of the company has sold ....
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Mr. Vishal Thakkar, the Promoter and Managing Director of Indian Link Chain Manufacturers Ltd, has sold his entire shareholding of 2,76,990 equity shares through a series of transactions on various dates. The last batch of 1,50,242 shares was sold on 04 November 2025, completing his full exit from the company. The transactions were carried out in compliance with SEBI's insider trading and takeover regulations. As of the announcement dated 05 November 2025, the promoter holds zero equity shares in the company.
A complete promoter exit is a significant negative signal for retail investors, as it removes the promoter's direct financial alignment with the company's future performance. This may lead to negative sentiment and potential pressure on the stock price in the short term.