We are hereby submitting the intimation recieved from Mr. Alluri Ranga 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 Limited informed the exchanges that promoter Mr. Alluri Ranga Raju sold 50,000 equity shares of the company on the NSE on June 20, 2025, for a total consideration of ₹14.46 lakh. Following this sale, the promoter's stake in the company reduced from 1,92,093 shares (2.08%) to 1,42,093 shares (1.54%). The disclosure was made under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, via Form C. The intimation to the company was dated June 20, 2025, and the formal disclosure was filed on June 25, 2025.
This is a relatively small promoter sale representing about 0.54% of total share capital, so the immediate impact on share price is expected to be limited. Retail investors may view it as a routine insider trading disclosure rather than a signal of concern, given the modest size of the transaction.