Announced Thu, 16 Jul · 19:27 IST
Promoter Hariram Garg gets 4.18 lakh shares via gift within promoter group
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+20.7%1-day move
₹7.50
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+20.7+20.0+15.6+20.7+26.8+21.7————
Up moveDown movePending
AI summary
Mr. Hariram Garg, a promoter of Indong Tea Company, received 4,18,488 equity shares (around 2.15% of capital) on July 13, 2026, through an inter-se transfer by way of gift from an immediate relative within the promoter group. His personal stake rose from 10.57% to 12.72%. The company confirms that the total aggregate promoter group shareholding remains unchanged before and after the transfer. No shares were pledged or encumbered.
Likely market impact
Neutral for shareholders. Internal reshuffle within promoter family; total promoter holding and voting power unchanged.