Please find the disclosure under regulation 7(2) of SEBI (PIT) Regulation received from promoter group.
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Awaiting price reaction for this filing.
Azamabad Tea Company Private Limited, part of the promoter group of Indong Tea Company, sold 24,000 equity shares on the BSE between August 2 and August 29, 2025, in on-market transactions valued at approximately Rs. 3.53 lakh. After this sale, the promoter group's stake in Indong Tea fell from 1,59,579 shares (0.82%) to 1,35,579 shares (0.70%) of the company. The disclosure was filed under SEBI's Prohibition of Insider Trading Regulations as a Form C submission. The reduction in promoter holding is marginal at just 0.12 percentage points, and the absolute size of the transaction is quite small.
This is a minor reduction in promoter group holding with negligible impact on shareholder base or stock price. Retail investors should note that the promoter group continues to hold well under 1% of the company, indicating limited promoter skin in the game.