Promoter and Co-Chairperson sells 55,00,000 equity shares in open market
Promoter Mrs. Bina Kishore Chhabria sold 55,00,000 equity shares on Sept 23, 2026 in the open market on BSE, valued at Rs. 357,59,41,050.
By ScoutQuest · · 1 min read
- Shares Sold
- 55,00,000 equity shares
- Transaction Value
- Rs. 357,59,41,050
- Holding Before
- 16,27,97,774 shares (58.20%)
- Holding After
- 15,72,97,774 shares (56.23%)
- Sale Date
- 23/09/2026
What was shared
The company made a continual disclosure under Regulation 7(2)(b) of the SEBI Prohibition of Insider Trading Regulations, sharing a Form B received from a promoter.
Who sold
- Mrs. Bina Kishore Chhabria, Promoter and Shareholder, Co-Chairperson and Non-Executive Director.
The transaction
- Sale of 55,00,000 equity shares on 23/09/2026, on market, executed on BSE.
- Transaction value: Rs. 357,59,41,050/- (excluding taxes, brokerage and other charges).
- Holding before: 16,27,97,774 equity shares, or 58.20%.
- Holding after: 15,72,97,774 equity shares, or 56.23%.
How to read it
This is a routine post-trade disclosure that promoters and designated persons must make when they buy or sell shares above the prescribed threshold. It records a reduction in promoter shareholding through an open-market sale; the promoter continues to hold a majority stake after the sale. Such disclosures are informational and do not by themselves say anything about company operations.
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More numbers
- Equity shares sold55,00,000 Equity Shares
- Transaction valueRs. 357,59,41,050/
- Shares held before sale16,27,97,774
- Holding before sale5820%
- Shares held after sale15,72,97,774 Equity Shares
- Holding after sale5623%
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