Insider Trading17 Jul 2026, 04:41 pm
Indong Tea: Promoter Group Sells 0.23% Stake
AI Summary
Asian Housing and Infrastructure Limited, a promoter group member of Indong Tea Company Ltd, has disclosed the disposal of 44,000 equity shares, representing 0.23% of the paid-up share capital. This transaction, conducted through open market operations between March 20-24, 2016, reduces their shareholding from 2.06% (400,000 shares) to 1.83% (356,000 shares). The total value of the disposed shares was ₹3,31,974. This disclosure is made pursuant to Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.
Key Highlights
- Promoter group member Asian Housing sold 44,000 Indong Tea shares.
- Disposal represents 0.23% of paid-up equity share capital.
- Shareholding reduced from 2.06% to 1.83%.
- Transaction occurred via open market between March 20-24, 2016.
- Disclosure filed under SEBI (PIT) Regulations, 2015.
Price Impact
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