The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jayant Dwarkanath
INTENTECH · price
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Jayant Dwarkanath, a Whole-Time Director of Intense Technologies Ltd (not classified as a promoter), sold 4,92,827 equity shares (2.08% of total share capital) through the open market on November 25-26, 2025. His stake reduced from 9,78,028 shares (4.14%) to 4,85,201 shares (2.06%) post-transaction. The sale was conducted in two tranches — 3,50,000 shares on Nov 25 and 1,42,827 shares on Nov 26. The disclosure was filed under Regulation 29(2) of SEBI Takeover Regulations, and no encumbrance (pledge) activity was involved.
This is a notable insider sale by a key managerial person, reducing his holding to roughly half of what it was. While not a promoter-level sale that triggers takeover code thresholds, retail investors may view continued insider selling as a cautious signal regarding near-term valuation outlook.