BSEIndong Tea Company LtdHighNegative
Announced Mon, 8 Sept · 15:10 IST

Please find the disclosure under Regulation 7(2) of the SEBI (PIT) Regulation 2015 received from Promoter of the company

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

Madanlal Garg, a promoter of Indong Tea Company Ltd, has disclosed a sale of 24,000 equity shares on BSE between August 28, 2025 and September 1, 2025, at an aggregate value of about Rs. 3.39 lakh. His holding fell from 4,46,488 shares (2.30% of the company) to 4,22,488 shares (2.18%). The transaction was carried out on the open market and was disclosed under SEBI (Prohibition of Insider Trading) Regulations, 2015. Despite the sale, the promoter remains a part of the promoter group with a non-trivial stake.

Likely market impact

The sale is small in scale—both in absolute terms (24,000 shares) and as a percentage of total company capital (a drop of just 0.12 percentage points). It is unlikely to materially affect the stock price or shareholder perception, though it signals mild trimming of promoter holdings.