Please find the disclosure under Regulation 29(2) & (3) of the SEBI (SAST) Regulation received from Promoter Group.
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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 1,32,000 equity shares (0.68% of total share capital) through on-market transactions between September 1 and September 2, 2025. Before the sale, Azamabad Tea held 1,35,579 shares (0.70%); after the sale, its holding reduced to just 3,579 shares (0.02%). The disclosure was filed under Regulation 29(2) and 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Indong Tea's total equity share capital remains Rs. 19,42,10,480 divided into 1,94,21,048 shares of Rs. 10 each. The sale price and total consideration value are not disclosed in this filing.
This is a minor stake sale by one promoter-group entity, reducing its holding from 0.70% to a negligible 0.02%. The impact on overall promoter holding and share price is likely minimal, but it reflects a promoter-group entity choosing to exit its position almost entirely.