Sector & Market
East India Drums Promoter Madhav Valia Sells 2.95% Stake
Promoter Buying / Selling
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
28th Aug 2026
Key Quantitative Figures
- Shares sold: 435,695 equity shares
- Percentage of holding sold: 2.95% of total share capital
- Traded value: ₹4,14,23,228 (excluding taxes, charges, and other levies)
- Total paid-up equity capital: 1,47,74,221 equity shares (unchanged by this transaction)
Dates of Action
- Transaction date: August 26, 2026
- Disclosure date: August 28, 2026
- Intimation date: August 28, 2026
Parties Involved
- Target Company: East India Drums and Barrels Manufacturing Limited (ISIN: INE191C01023)
- Acquirer/Seller: Madhav Jayesh Valia (Promoter)
- Company Secretary: Mayuri Choudhary, Company Secretary Cum Compliance Officer (Membership No. A55667)
- Stock Exchange: BSE Limited
Holding Details
Before Transaction (August 26, 2026)
- Shares carrying voting rights: 52,66,967
- Percentage of total share capital: 35.65%
- Total holding (including all instruments): 35.65%
- No shares were encumbered (pledge/lien/non-disposal undertaking)
- No warrants/convertible securities held
Transaction Details
- Type: Sale of equity shares
- Mode: Open market (OFS) on BSE
- Quantity: 435,695 shares
- Percentage of capital: 2.95%
After Transaction (August 26, 2026)
- Shares carrying voting rights: 48,31,272
- Percentage of total share capital: 32.70%
- Total holding (including all instruments): 32.70%
- No change in encumbered shares
- No warrants/convertible securities held
Additional Information
- The seller's PAN: AENPV8401P
- Seller's address: 1701-B Wing, 17th floor, Pushp Vinod -1 CHS Pushpa Park, S V Road, Borivali West, Mumbai 400 092
- The total diluted share/voting capital remains unchanged at 1,47,74,221 equity shares as there are no outstanding convertible securities/warrants
- No derivatives trading was reported in the disclosure