The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Krishna Shastri Chidella
INTENTECH · price
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Mr. Krishna Shastri Chidella, Promoter and Managing Director of Intense Technologies Limited, has sold 5,16,995 equity shares (2.19% of total equity capital) through open market transactions on November 25 and November 26, 2025. Prior to the sale, he held 21,78,595 shares (9.22% stake), and after the sale his holding stands at 16,61,600 shares (7.03%). No encumbered shares were involved in the transaction, and the shares were sold in two tranches of 3,16,995 and 2,00,000 shares respectively.
This is a noteworthy promoter exit as the Managing Director has reduced his stake by nearly a quarter in just two days, which may raise concerns among retail investors about insider confidence in the company's near-term prospects.