Insider Trading26 May 2026, 10:41 pm
KRN Heat Exchanger: Promoter to Sell Up to 1 Million Shares
AI Summary
KRN Heat Exchanger And Refrigeration Ltd. announced that Santosh Kumar Yadav, along with Anju Devi and Manohar Lal (collectively, "Promoters"), intend to sell up to 1,000,000 equity shares of the company held by the Promoter and members of the promoter group. The sale is subject to pre-clearance, approvals under insider trading regulations, and completion of any qualified institutions placement (QIP) undertaken in the next two months.
Key Highlights
- Promoters intend to sell up to 1,000,000 equity shares.
- The sale is for personal and financial reasons.
- Sale is subject to pre-clearance and regulatory approvals.
- The sale is contingent on completion of a potential QIP in the next two months.