We are hereby submitting the intimation recieved from Mr. Alluri Prabhakar Raju, Promoter of the company in Form C intimating the sale of the equity shares of the company.
VINEETLAB · price
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Vineet Laboratories informed the stock exchanges that promoter Mr. Alluri Prabhakar Raju sold 50,000 equity shares of the company on June 20, 2025, via the open market on NSE. Following this sale, the promoter's holding in the company reduced from 3,57,205 shares (3.87%) to 3,07,205 shares (3.33%), a drop of 0.54 percentage points. The disclosure was made under SEBI Insider Trading Regulations (Regulation 7(2) read with 6(2)) via Form C, with the company receiving intimation on June 23, 2025. No trading in derivatives was involved.
This is a relatively small sale by the promoter, reducing his stake by about 0.54 percentage points. Such open-market sales by promoters can sometimes be viewed negatively by retail investors as a sign of reduced promoter confidence, though the quantum here is modest and unlikely to materially impact the share price.