BSELaser Diamonds LtdHighNegative
Announced Thu, 22 Oct, 2026 · 13:38 IST

Non-promoter Sangita cuts stake from 23.14% to 9.64% in off-market sale

Price reaction

Awaiting price reaction for this filing.

AI summary

Sangita, a non-promoter shareholder of Laser Diamonds Ltd, sold 5,46,700 shares (13.50 percent of equity) off-market on 14 October 2026. Her holding fell from 9,37,200 shares (23.14 percent) to 3,90,500 shares (9.64 percent), crossing below the 10 percent mark. Disclosed under SEBI SAST Regulation 29(2). Total equity capital remains at 40,50,000 shares of Rs 10 each.

Likely market impact

Large off-market exit by a non-promoter crossing below 10 percent. May shift shareholder base, watch for follow-up block deals and any price reaction.