Indong Tea promoter Sangita Madhogaria acquires 8,000 shares

1 min read     Updated on 11 Aug 2026, 08:08 PM
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Reviewed by
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AI Summary

Indong Tea Company Limited disclosed that Promoter Group member Sangita Madhogaria acquired 8,000 equity shares via on-market transactions between July 21 and July 22, 2026. Valued at ₹72,122, this initial purchase increases her stake to 0.04% of the company's paid-up capital, with no prior holdings recorded.

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Indong Tea Company Limited disclosed that Sangita Madhogaria, a member of its Promoter Group, acquired 8,000 equity shares through on-market transactions. The purchase, valued at ₹72,122, took place between July 21 and July 22, 2026. This acquisition marks Madhogaria’s initial entry into the company’s shareholding structure, as she held no prior equity stakes in the entity before this transaction. The move increases her total holding to 8,000 shares, representing 0.04% of the company’s paid-up equity share capital.

The disclosure was made pursuant to Regulation 29(2) and Regulation 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Indong Tea Company Limited submitted the requisite disclosure to the Bombay Stock Exchange (BSE) on August 11, 2026. Chandan Gupta, the Company Secretary and Compliance Officer, signed off on the submission, confirming the details of the share acquisition for regulatory record-keeping.

Transaction Details

The following table outlines the specifics of the share acquisition by the Promoter Group member:

Parameter Detail
Promoter Group Member Sangita Madhogaria
Shares Acquired 8,000
Transaction Value ₹72,122
Acquisition Period July 21–22, 2026
Post-Transaction Holding 8,000 shares (0.04%)
Mode of Acquisition On-Market

Prior to this acquisition, Madhogaria did not hold any equity shares in Indong Tea Company Limited. The entire stake of 8,000 shares was accumulated within a two-day window on the open market. The disclosure confirms that no derivatives trading occurred alongside this equity purchase.

Regulatory Compliance

Indong Tea Company Limited is listed on the BSE under Scrip Code 543769 and carries ISIN INE0KN201016. The company’s registered office is located at Sikkim Commerce House, 4/1 Middleton Street, Kolkata. As per SEBI regulations, insiders such as promoters, key managerial personnel, and directors must disclose any change in their shareholding within specified timelines. This filing ensures transparency regarding the insider’s increased exposure to the company’s equity.

Historical Stock Returns for Indong Tea Company

1 Day5 Days1 Month6 Months1 Year5 Years
-4.95%-4.95%+15.33%-5.36%-40.18%-60.32%

What strategic rationale might drive Sangita Madhogaria's initial entry into Indong Tea Company Limited's shareholding structure?

Could this insider acquisition signal upcoming positive corporate developments or operational improvements for the company?

How might this transaction influence market sentiment and short-term trading volume for Indong Tea Company Limited on the BSE?

Indong Tea promoter Hariram Garg boosts stake to 13.65% via open market

1 min read     Updated on 28 Jul 2026, 01:18 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Promoter Hariram Garg increased his stake in Indong Tea Company Limited to 13.65% by buying 1,80,000 shares on the open market for ₹16,63,988. The disclosure was made to BSE under SEBI SAST Regulations on July 28, 2026.

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Indong Tea Company Limited disclosed that promoter Hariram Garg has increased his stake in the company by acquiring 1,80,000 equity shares on the open market. The transactions took place between July 17, 2026, and July 27, 2026, raising his total holding from 24,70,661 shares (12.72%) to 26,50,661 shares (13.65%). This move signals continued confidence from the promoter group in the company’s long-term prospects.

The acquisition was reported to the Bombay Stock Exchange (BSE) on July 28, 2026, pursuant to Regulation 29(2) and Regulation 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Chandan Gupta, Company Secretary cum Compliance Officer, submitted the disclosure on behalf of the company. The total value of the transaction was ₹16,63,988.

Transaction Details

The following table outlines the specifics of the share acquisition:

Metric Details
Promoter Name Hariram Garg
Transaction Type Buy
Mode of Acquisition On Market
Shares Acquired 1,80,000
Value of Transaction ₹16,63,988
Period of Acquisition July 17, 2026 – July 27, 2026
Pre-Acquisition Holding 24,70,661 shares (12.72%)
Post-Acquisition Holding 26,50,661 shares (13.65%)

Regulatory Compliance

The disclosure was filed under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that no derivatives trading occurred during this period. The company’s ISIN is INE0KN201016, and its scrip code on the BSE is 543769. The intimation was provided to the company on July 28, 2026, following the completion of the trades.

What the Numbers Show

The increase in stake by nearly 1% is a notable move for a promoter in a small-cap entity. By purchasing shares on the open market rather than through off-market transfers or preferential allotments, Hariram Garg has demonstrated a willingness to pay prevailing market prices. This type of accumulation often serves as a positive signal to other investors regarding the intrinsic value of the stock at current levels.

Historical Stock Returns for Indong Tea Company

1 Day5 Days1 Month6 Months1 Year5 Years
-4.95%-4.95%+15.33%-5.36%-40.18%-60.32%

How might this increased promoter confidence influence Indong Tea's stock price volatility in the near term?

Are there any upcoming operational milestones or earnings reports that could justify this strategic accumulation of shares?

Could this move signal potential corporate actions such as a buyback, dividend increase, or expansion plans for Indong Tea?

More News on Indong Tea Company

1 Year Returns:-40.18%