Indong Tea Company disclosed that promoter Hariram Garg purchased 16,000 equity shares through on-market transactions between August 24, 2026 and August 29, 2026. The acquisition was made under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Garg held 26,50,661 equity shares prior to the transaction, representing 13.65% of the company's paid-up equity share capital. The purchase increased his holding to 26,66,661 shares, raising his stake to 13.73%. The total value of the acquisition was ₹1,31,735.

Transaction Details

The company notified the BSE Limited on August 31, 2026 regarding the change in promoter holding. The disclosure confirms the mode of acquisition as on-market purchases. The filing also references compliance with Regulation 29(2) & 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

What the Numbers Show

The acquisition represents a modest increase in promoter confidence, with the stake rising by 0.08 percentage points. The low absolute value of the transaction relative to the share count suggests the trades occurred at lower price levels or were spread across multiple small executions during the five-day window.

Indong Tea Company has scheduled its 36th Annual General Meeting for Monday, September 28, 2026, at 11:00 am. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means in compliance with Ministry of Corporate Affairs circulars.

The company published newspaper advertisements on August 29, 2026, in Financial Express and Arthik Lipi to notify shareholders of the upcoming event. The notice covers the transacting of business as set forth in the official AGM notice.

E-Voting Details

Shareholders can cast their votes electronically via National Securities Depository Limited’s platform. The remote e-voting period commences on Friday, September 25, 2026, at 9:00 am and concludes on Sunday, September 27, 2026, at 5:00 pm.

Members holding shares as on the cut-off date are eligible to vote. Those who do not cast votes remotely may exercise their rights during the AGM via the e-voting system.

Shareholder Instructions

The Notice and Annual Report for the financial year ended March 31, 2026, are available on the company website and stock exchange portals. Shareholders without registered email addresses must update their details with their Depository Participants or the Registrar and Share Transfer Agent, Cameo Corporate Services Limited.

Physical shareholders must submit folio numbers and self-attested PAN cards to Cameo Corporate Services in Chennai or via email to register for communications. Demat holders should contact their respective depository participants directly.