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, a Promoter and Director of Intense Technologies, sold 1,00,000 equity shares (0.42% of total share capital, 0.41% on a diluted basis) through open market transactions on November 7, 2025. Before the sale, he held 19,79,684 shares (8.38%), which has now reduced to 18,79,684 shares (7.96%) / 7.75% diluted. The disclosure was filed under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. No encumbrance (pledge/lien) details were involved, and the total share capital of the company remained unchanged at 2,36,11,949 equity shares.
This is a relatively small promoter sell-off (under 1% of equity) that is unlikely to materially affect the stock price. It signals mild promoter portfolio rebalancing, but his remaining stake of ~7.96% keeps him as a significant insider.