StockWatch
·
Tea & Coffee
Shareholding13 Aug 2026, 10:25 am

Indong Tea: Madanlal Garg Revises Shareholding Disclosure

AI Summary

Indong Tea Company Limited has received a revised disclosure from Madanlal Garg, a promoter, regarding the disposal of shares via inter-se transfer by way of gift. The revised disclosure, submitted under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, details the transfer of 4,18,488 shares, reducing Garg's holding from 2.175% to 0.02%. The transaction occurred on July 13, 2026, through an off-market inter-se transfer between immediate relatives. This filing is a revision of a previous disclosure made on July 16, 2026, and is in response to an exchange query dated August 12, 2026.

Key Highlights

  • Promoter Madanlal Garg revised shareholding disclosure.
  • Transfer of 4,18,488 shares via inter-se gift.
  • Holding reduced from 2.175% to 0.02%.
  • Transaction was an off-market inter-se transfer.
  • Disclosure revised following exchange query.