Insider Trading10 Jul 2026, 02:11 pm
Promoter Sells Cochin Shipyard Shares Worth ₹1,113 Cr
AI Summary
The President of India, acting through the Ministry of Ports, Shipping and Waterways, has sold 1,20,49,170 equity shares of Cochin Shipyard Limited. The sale, conducted via an offer for sale through the stock exchange mechanism on July 07 and 08, 2026, aggregated to ₹1,113.28 Crores. This disclosure is made in compliance with Regulation 7(2)(a) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.
Key Highlights
- Promoter (President of India) sold 1.20 Cr shares.
- Sale value amounts to ₹1,113.28 Crores.
- Transaction occurred via stock exchange offer for sale.
- Disclosure made under SEBI's PIT Regulations.
- Post-sale promoter holding reduced to 63.33%.
Price Impact
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