Please find the attached disclosure under the above mentioned Regulation
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Awaiting price reaction for this filing.
Azamabad Tea Company Pvt Ltd, part of the Promoter Group of Indong Tea Company Ltd, sold 1,00,000 equity shares on the open market between June 16, 2025 and June 20, 2025. Before the sale, the entity held 4,31,579 shares (2.22% of total share capital); after the sale, its holding stands at 3,31,579 shares (1.71%). The disclosure is filed under Regulation 29(2) & 29(3) of SEBI's Takeover Regulations, and the company's total share capital remains unchanged at Rs. 19.42 crore divided into 1,94,21,048 shares of Rs. 10 each. The sale was executed through market trades and the promoter group entity continues to remain a shareholder of the company.
This is a relatively small trim (0.51%) by one promoter group entity, not a full exit, so the impact on share price is likely limited. Retail investors may note that a promoter-affiliated entity is reducing its stake, which can sometimes be read as a mild negative signal, though the overall promoter group holding remains in place.