The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Tikam Sujan
INTENTECH · price
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Awaiting price reaction for this filing.
Mr. Tikam Sujan, Promoter and Director of Intense Technologies Ltd, sold 11,93,391 equity shares in the open market on January 29, 2026, representing 5.05% of the company's share capital. Before the sale, he held 13,29,684 shares (5.62%), and after the sale, his holding dropped sharply to just 1,36,293 shares (0.57%). The shares were sold on both BSE and NSE, and the transaction did not involve any encumbrance (pledge/lien). The company's total equity share capital remained unchanged at 2,36,24,449 shares of Rs. 2 each.
This is a significant promoter exit — a promoter nearly selling off his entire stake (from 5.62% to 0.57%) is a negative signal for retail investors, as it suggests the insider sees limited upside or wants to move out. This could put short-term pressure on the stock price due to reduced promoter skin-in-the-game.