Announcement under Regulation 30 of SEBI (LODR) Regulation 2015 regarding sale of shares by Lender
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Quadrant Televentures Limited (currently under Corporate Insolvency Resolution Process since September 2025) disclosed that its Resolution Professional received an email notification about a lender selling 43,87,184 equity shares representing 0.72% of the company's paid-up capital. The share sale occurred between May 20, 2026 and May 26, 2026. The filing does not specify the identity of the buyer, the price at which shares were sold, or the reason for the sale. The company is listed on BSE under scrip code 511116.
The sale of a 0.72% stake by a lender may indicate debt recovery or collateral enforcement during the ongoing insolvency process. The small size limits immediate price impact, but the sale by a lender (not a promoter) could signal institutional de-risk in a company under CIRP.