BSEIndong Tea Company LtdHighNegative
Announced Mon, 23 Jun · 13:54 IST

Please find the attached disclosure under the above mentioned Regulation

Ownership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Azamabad Tea Co Pvt Ltd, part of the Promoter Group of Indong Tea Company Ltd, has disclosed an on-market sale of 1,00,000 equity shares between June 16 and June 20, 2025, for a total value of approximately Rs. 14.57 lakh (average ~Rs. 14.57 per share). Before the sale, Azamabad Tea held 4,31,579 shares (2.22% of the company), which has now come down to 3,31,579 shares (1.71%). The disclosure has been filed under Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, via Form C.

Likely market impact

A promoter group entity trimming its stake is mildly negative for sentiment, as it signals some insider selling, though the reduction in overall promoter holding is small (about 0.51 percentage points). Retail investors should watch for further disclosures to gauge whether this is an isolated trade or part of a broader promoter exit.