BSEIndong Tea Company LtdMediumNeutral
Announced Fri, 19 Sept · 14:54 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Brahmaputra Commodities Pvt Ltd

Promoter Stake Sell 1pctOwnership Changes View source PDF

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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

Brahmaputra Commodities Private Limited, part of the Promoter Group of Indong Tea Company Ltd, sold 2,20,000 equity shares via on-market transactions between 4 September 2025 and 12 September 2025. Post-sale, the entity's holding dropped from 4,40,000 shares (2.27%) to 2,20,000 shares (1.133%) of the company's paid-up equity capital. The disclosure was filed under Regulation 29(2) and 29(3) of the SEBI Takeover Regulations, 2011. The total equity share capital of the company is Rs 19.42 crore, divided into 1.94 crore shares of Rs 10 each. No encumbrance activity (pledge creation, invocation, or release) is involved in this transaction.

Likely market impact

This is a promoter-group entity reducing its stake by roughly half (selling about 1.14% of equity). While the absolute size is small, any promoter selling on-market can be viewed as a mild negative signal by retail investors, suggesting the promoter group is trimming exposure. The remaining promoter group holding is only about 1.13%, which could imply limited promoter skin-in-the-game going forward.