Promoter Ms Aditi Jussawala has informed through Application cum undertaking for pre-clearance of trade in the shares of the Company.
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Awaiting price reaction for this filing.
PBM Polytex informed the BSE that promoter Ms. Aditi Jussawalla has submitted an application-cum-undertaking seeking pre-clearance to trade in the company's shares under SEBI insider trading rules. Per the attached form, she intends to sell 6,457 shares in the open market at the prevailing market price, with an estimated transaction value of around Rs. 35 lakh. The trade is proposed to be executed within 7 trading days of receiving pre-clearance, and she has confirmed she is not in possession of any unpublished price-sensitive information. The broker/depository participant for the trade is Eastern Financiers Limited in Kolkata.
This is a relatively small proposed sale by a promoter (around Rs. 35 lakh) and does not by itself indicate a change in control. Retail investors may note it as a minor overhang on the stock, but it is unlikely to materially affect the share price on its own.