Announced Thu, 16 Jul · 19:24 IST

Promoter Hariram Garg receives 4.18 lakh shares via gift from promoter family

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 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
Up moveDown movePending
AI summary

Mr. Hariram Garg, promoter of Indong Tea Company, received 4,18,488 equity shares (2.155%) as a gift from Madanlal Garg, an immediate relative and fellow promoter, via off-market inter-se transfer on July 13, 2026. His individual holding rose from 20,52,173 shares (10.57%) to 24,70,661 shares (12.72%). Total aggregate promoter shareholding remains unchanged as the transfer is internal to the promoter family.

Likely market impact

Neutral for shareholders; internal promoter family reshuffle with no change in total promoter stake or company control.