Promoter Sells 22,35,986 Shares, Stake Down From 2.99% To 2.67%
Promoter Amarr Narendra Galla sold 22,35,986 shares (0.32%) via open market on Sept 22–23, 2026.
By ScoutQuest · · 1 min read
- Shares Sold
- 22,35,986 shares
- Stake Reduction
- From 2.99% to 2.67%
- Previous Holding
- 2,08,35,986 shares (2.99%)
- New Holding
- 1,86,00,000 shares (2.67%)
- Sale Date
- September 22–23, 2026
What was shared
A disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 was submitted to BSE.
Who sold
- Amarr Narendra Galla, who belongs to the promoter group.
The numbers
- Before: 2,08,35,986 shares, or 2.99% of share/voting capital.
- Sold: 22,35,986 shares, or 0.32%.
- After: 1,86,00,000 shares, or 2.67%.
- Total equity/voting capital of the company: 697,286,312.
- Shares encumbered by the seller: Nil, both before and after.
How and when
- Mode: open market.
- Dates of sale: September 22, 2026 to September 23, 2026.
What it means
A promoter reducing his stake is a change in insider ownership that investors often track. Here the reduction is 0.32% of capital, taking his personal holding to 2.67%. Such disclosures are required once sale thresholds under the Takeover Regulations are crossed, and they tell shareholders exactly how much of the promoter holding has changed hands and through which route.
Also from Enbee Trade & Finance
Promoter Amar Narendra Galla sells 64,50,000 shares (0.92%) in the open market; stake now 1.66%
1 Oct 2026
Promoter-group seller Ssamta Amar Gaala sells 24,90,708 shares in open market
1 Oct 2026
Promoter Sells 6,00,000 Shares; Holding Down to 2.58%
28 Sep 2026
More numbers
- Shares held before sale2,08,35,986
- Holding before sale (%)2.99%
- Shares sold22,35,986
- Stake sold (%)0.32%
- Shares held after sale1,86,00,000
- Holding after sale (%)2.67%
- Total equity/voting capital697,286,312
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