We are hereby submitting the intimation received from Mr. V Varaprasada Rao, promoter of the company in Form C intimating sale of Equity Shares of the company.
VINEETLAB · price
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Awaiting price reaction for this filing.
Mr. V. Varaprasada Rao, a promoter of Vineet Laboratories Limited, has sold equity shares of the company through on-market transactions on the NSE. In the first transaction on May 19, 2025, he sold 607 shares worth Rs 20,237.38, reducing his holding from 17,979 shares (0.20%) to 17,372 shares (0.19%). In the second transaction on June 30, 2025, he sold 3,372 shares worth Rs 1,10,500.44, bringing his holding down further to 14,000 shares (0.15%). The intimation under SEBI's Insider Trading Regulations was filed with the company on July 23, 2025.
This is a minor promoter offloading of shares, with his overall stake dropping only from 0.20% to 0.15%. Given the very small size of the transactions and the promoter's already low holding, this is unlikely to have any meaningful impact on the stock price or shareholder sentiment.