Enbee Trade promoter Gala sells 46.35 lakh shares for ₹11.43 lakh

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Key Highlights
  • Promoter Bharathi Narendra Gala sold 46,35,055 equity shares in Enbee Trade and Finance Limited.
  • The transaction took place between September 22 and September 23, 2026, on the open market via BSE.
  • Total value of the sale was ₹11,43,901.79, excluding taxes and brokerage charges.
  • Post-transaction, the promoter's holding reduced to 1,00,000 shares, representing 0.01% of share capital.
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Enbee Trade and Finance Limited disclosed that promoter Bharathi Narendra Gala sold 46,35,055 equity shares in the open market between September 22 and September 23, 2026.

The transaction was reported to BSE under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(1)(b) of the PIT Regulations, 2015. The total value of the sale was ₹11,43,901.79, excluding taxes and brokerage charges. Following the sale, Gala’s holding in the company dropped significantly to 1,00,000 shares.

Pre-transaction holding details

Prior to the sale, Bharathi Narendra Gala held 47,35,055 shares, representing 0.68% of the total share capital. The disclosure confirms that there were no encumbered shares, voting rights exercised otherwise than by shares, or convertible securities held by the promoter group before this transaction.

Metric Pre-Transaction Post-Transaction
Shares Held 47,35,055 1,00,000
% of Share Capital 0.68% 0.01%
Encumbrance Nil Nil

Transaction specifics

The entire sale of 46,35,055 shares was executed through the open market mechanism on the BSE. This disposal accounted for 0.67% of the company's total share capital. The date of sale spanned two days, from September 22, 2026 to September 23, 2026.

The company’s total diluted share capital remained unchanged at 697,286,312 shares post-transaction. The Managing Director, Amarr Narendra Galla, signed the disclosure on behalf of the company from Mumbai on September 25, 2026.

What the numbers show

The data reveals a near-complete exit by this specific promoter entity. By selling 46,35,055 out of 47,35,055 shares, Bharathi Narendra Gala reduced their stake by approximately 97.9% relative to their previous position. The remaining holding of 1,00,000 shares constitutes just 0.01% of the total capital, indicating a marginal retention of interest rather than a strategic reduction. The average price per share for the transaction works out to approximately ₹0.25, derived from the total sale value of ₹11,43,901.79 divided by the 46,35,055 shares sold.

Historical Stock Returns for Enbee Trade & Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+4.00%-7.14%-18.75%-36.59%-66.23%0.0%

Will Enbee Trade and Finance disclose the specific reasons for this near-complete promoter exit in its upcoming quarterly filings?

How might this significant reduction in promoter holding impact institutional investor confidence and future liquidity assessments for the stock?

Are there any pending regulatory inquiries or compliance issues that could have prompted such a rapid disposal of shares at a low valuation?

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Enbee Trade & Finance promoter sells 22.35 lakh shares

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Promoter Amarr Narendra Galla sold 22,35,986 equity shares in open market
  • Stake reduced from 2.99% to 2.67% following the disposal
  • Transaction value recorded at ₹5,75,973.49 excluding taxes and brokerage
  • Disclosure filed under SEBI PIT Reg 7(1)(b) and SAST Reg 29(2)
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Enbee Trade & Finance Limited disclosed that promoter Amarr Narendra Galla sold 22,35,986 equity shares on the open market between September 22 and September 23, 2026.

The transaction was executed on the BSE with a total value of ₹5,75,973.49, excluding taxes and brokerage charges. The disclosure was filed under Regulation 7(1)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and intimated to the company on September 24, 2026. A subsequent disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, was submitted to BSE Limited on September 25, 2026.

Shareholding changes

Following the disposal, Galla’s stake in the company reduced from 2.99% to 2.67%. The table below details the pre- and post-transaction holding positions:

Metric Pre-Transaction Post-Transaction
Shares Held 2,08,35,986 1,86,00,000
Percentage Holding 2.99% 2.67%
Transaction Type Sale N/A
Mode Open Market N/A

Regulatory compliance

The filing was submitted by Ssamta Amar Gaala, Whole Time Director, to the Department of Corporate Relationship at BSE Limited. The document serves as a continual disclosure regarding changes in securities held by promoters and designated persons. The SAST disclosure confirmed no encumbrances or voting rights held otherwise than by shares before or after the transaction.

What the numbers show

The sale represents a reduction of approximately 10.7% in the promoter's total shareholding count (from 2.08 crore to 1.86 crore shares). While the absolute number of shares sold is significant, the overall promoter stake remains above 2.5%, indicating a partial rather than complete exit from this tranche of holdings.

Historical Stock Returns for Enbee Trade & Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+4.00%-7.14%-18.75%-36.59%-66.23%0.0%

How will the reduction in promoter holding to 2.67% impact investor confidence and potential liquidity in Enbee Trade & Finance shares?

Are there any upcoming corporate actions or financial results that might explain the timing of this open market sale?

Will the continued selling activity by promoter Amarr Narendra Galla trigger further regulatory scrutiny under SEBI's insider trading norms?

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1 Year Returns:-66.23%