Nature of the Event
This is a regulatory compliance disclosure pertaining to a change in the holding of securities by a promoter, as mandated by SEBI's Prohibition of Insider Trading Regulations.
Key Transaction Details
- Promoter Involved: Mr. Madanlal Garg, a promoter of Indong Tea Company Limited.
- Transaction Type: Disposal of shares via an off-market inter-se transfer by way of gift to immediate relatives.
- Number of Shares Transferred: 485,488 equity shares of Indong Tea Company Limited.
- Date of Transaction: The transfer was executed on 13th July, 2026.
Shareholding Impact
It is explicitly stated that there is no change in the total aggregate shareholding of the promoter category of the company before and after this transfer. The transaction represents a redistribution of shares within the promoter group.
Parties and Communication
- The disclosure was received by the company from Mr. Madanlal Garg and subsequently forwarded to BSE Limited.
- The company's communication was signed by Mr. Chandan Gupta, Company Secretary cum Compliance Officer.
- The promoter's communication included his PAN number: ADSPGIS08K.
Financial and Capital Structure Impact
Financial impact is not quantified in the disclosure. The transaction is a non-cash, off-market gift transfer within the promoter group. There is no dilution or change in the overall promoter holding, indicating no impact on the company's capital structure.
#Tags: #IndongTea #SEBIDisclosure #Regulation7(2) #PromoterHolding #Neutral