StockWatch
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Other Industrial Products
Shareholding11 Jun 2026, 07:41 pm

KRN Heat Exchanger Promoters Sell 1.52% Stake

AI Summary

KRN Heat Exchanger and Refrigeration Ltd announced that promoters Mr. Santosh Kumar Yadav and Mrs. Anju Devi have sold a combined 10,00,000 equity shares, representing 1.52% of the company's paid-up equity share capital. The sale was conducted via an Open Market Sale (OFS) on June 9, 2026. Following the transaction, the promoters' collective holding has reduced from 67.22% to 65.69%. The total equity share capital of the company remains unchanged at INR 65,45,84,860, consisting of 6,54,58,486 equity shares of INR 10 each.

Key Highlights

  • Promoters sold 1.52% stake in KRN Heat Exchanger.
  • Transaction involved 10,00,000 equity shares via OFS.
  • Promoter holding reduced from 67.22% to 65.69%.
  • Sale occurred on June 9, 2026.
  • Company's total equity capital remains stable.