Acquirer/Seller: Mr. Madanlal Garg, a promoter of Indong Tea Company Limited.
Transaction Type: Disposal of shares via an off-market inter-se transfer between immediate relatives of the promoter category.
Mode of Transfer: Gift.
Date of Transaction: The transfer was executed on 13th July 2026.
Number of Shares Transferred: 418,488 equity shares.
Shareholding Change Analysis
Pre-Transfer Holding of Mr. Madanlal Garg (Before 13.07.2026):
Shares carrying voting rights: 418,488 shares.
Percentage of total share/voting capital: 2.175%.
No shares were encumbered (pledge/lien).
No holding via warrants, convertible securities, or other instruments.
Total Holding (a+b): 418,488 shares (2.175%).
Details of the Transaction:
Shares sold/transferred: 418,488 shares.
Percentage of total share/voting capital sold: 2.175%.
Post-Transfer Holding of Mr. Madanlal Garg (After 13.07.2026):
Shares carrying voting rights: 0 shares.
Percentage of total share/voting capital: 0.02% (document states 0.02% against 0 shares, suggesting a possible typographical error in the source; the holding is effectively zero).
Total Holding: 0 shares.
Capital Structure Context
The equity share capital of the company before and after the transaction remained unchanged at Rs. 19,42,10,480, divided into 1,94,21,048 equity shares of Rs. 10 each.
The total diluted share/voting capital also remained unchanged at Rs. 19,42,10,480.
Material Impact
The disclosure explicitly states that there is no change in the total aggregate shareholding of the promoter category of the company before and after this share transfer.
The transaction is an inter-se transfer within the promoter group, resulting only in a change in the distribution of holdings among promoters, not a change in the overall promoter stake.
Parties Involved
Disclosing Entity: Indong Tea Company Limited, represented by Company Secretary & Compliance Officer, Mr. Chandan Gupta.
Promoter/Transferor: Mr. Madanlal Garg (PAN: ADSPGIBOBK).
