Shareholding26 Aug 2026, 05:10 pm
Madhav Jayesh Valia Sells 15.27% Stake in East India Drums
AI Summary
Madhav Jayesh Valia, identified as a promoter, has disposed of 22,55,833 equity shares, representing 15.27% of the total share capital, in East India Drums and Barrels Manufacturing Ltd. The sale was conducted via the open market (OFS). Prior to this transaction, Valia held 75,22,800 shares (50.92%). Post-sale, his holding has reduced to 52,66,967 shares, accounting for 35.65% of the total equity. The total equity share capital of the company remains 1,47,74,221 shares.
Key Highlights
- Promoter Madhav Jayesh Valia sold 15.27% stake.
- Disposal of 22,55,833 shares via open market.
- Valia's shareholding reduced from 50.92% to 35.65%.
- Transaction occurred on August 25, 2026.
Price Impact
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