Please find the attached letter under Regulation 7(2) of SEBI (PIT) Regulation 2015
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Indong Tea Company Ltd has informed BSE about a disclosure received from Debijhora Tea Co Ltd, a member of the company's Promoter Group, regarding the sale of equity shares. Debijhora Tea Co Ltd sold 1,44,000 shares of Indong Tea Company through on-market transactions between June 3 and June 6, 2025. As a result, its holding fell from 1,85,263 shares (0.95% of the company) to 41,263 shares (0.21% of the company). The disclosure was filed under Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.
This is a notable reduction in promoter group shareholding, though the absolute size of the sale is small (about 0.74% of total shares). Retail investors should note that a promoter group entity has trimmed its stake sharply, going from nearly 1% to just 0.21%, which may raise mild concerns about promoter confidence, but the quantities are too small to materially impact the stock price.