StockWatch
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Trading & Distributors
Shareholding28 Aug 2026, 02:07 pm

Madhav Valia Sells 2.95% Stake in East India Drums

AI Summary

Madhav Jayesh Valia, a promoter of East India Drums and Barrels Manufacturing Ltd, has disposed of 4,35,695 equity shares, representing 2.95% of the total share capital. The transaction occurred via open market (OFS) on August 26, 2026. Post-sale, Valia's holding has reduced from 35.65% to 32.70%. The total equity share capital of the company remains unchanged at 1,47,74,221 shares.

Key Highlights

  • Promoter Madhav Jayesh Valia sold 2.95% stake.
  • Transaction executed through open market (OFS).
  • Holding reduced from 35.65% to 32.70%.
  • Sale date was August 26, 2026.