BSEIndong Tea Company LtdMediumNeutral
Announced Mon, 8 Sept · 19:16 IST

Please find the disclosure under the said regulation received from promoter group.

Promoter Below 50pctOwnership 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 Company Pvt Ltd, a member of the promoter group of Indong Tea Company Ltd, sold 24,000 equity shares (0.12% of share capital) through on-market trades between August 2 and August 29, 2025. Before the sale, Azamabad held 1,59,579 shares (0.82%); after the sale, it holds 1,35,579 shares (0.70%). The disclosure was filed under Regulation 29(2) and 29(3) of the SEBI Takeover Regulations, 2011. The company's total share capital stands at Rs. 19.42 crore, comprising 1,94,21,048 equity shares of Rs. 10 each. This is a routine small-quantity sale by one promoter group entity.

Likely market impact

The promoter group's already limited stake in the company dropped marginally from 0.82% to 0.70%, which is unlikely to materially affect stock price or control dynamics. Retail investors should note this is a small on-market divestment, not a major exit.