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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Awaiting price reaction for this filing.
Mr. Krishna Shastri Chidella, Promoter and Managing Director of Intense Technologies, sold 7,88,366 equity shares through the open market across two days — 4,88,366 shares on January 28, 2026 and 3,00,000 shares on January 29, 2026. This represents 3.33% of the company's total share capital and 3.24% of the diluted voting capital. Post-sale, his holding stands reduced from 7.03% (16,61,600 shares) to 3.7% (8,73,234 shares) of the company. The total equity share capital of the company remains 2,36,24,449 shares of Rs. 2 each.
The promoter has nearly halved his stake in the company, which may be viewed negatively by retail investors as it signals reduced promoter conviction. The stock could see short-term pressure, and remaining investors should watch for further disclosures or price movement.