
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.
Price Impact
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