Inox India ED Parag Kulkarni disposes 71,000 shares
Inox India Executive Director Parag Padmakar Kulkarni disposed of 71,000 equity shares for ₹13,91,07,362.96 via market sales between June 22 and June 29, 2026. Post-transaction, his holding reduced to 150,000 shares, representing 0.165% of the paid-up share capital.
*this image is generated using AI for illustrative purposes only.
Inox India Executive Director Parag Padmakar Kulkarni disposed of 71,000 equity shares representing 0.078% of the company's equity share capital. The sale was executed on the market between June 22, 2026, and June 29, 2026, pursuant to a pre-approved trading plan. The total value of the transaction was ₹13,91,07,362.96.
Following the disposal, Kulkarni's holding stands at 150,000 equity shares, constituting 0.165% of the paid-up share capital. The disclosure was made to the stock exchanges on July 1, 2026, under Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Jaymeen Patel, Company Secretary & Compliance Officer of Inox India , confirmed the details.
Transaction Details
The table below summarizes the change in shareholding:
| Sr. No. | No. of Shares Disposed | Value of Trade (₹) | Holding Post-Disposal | % Shareholding Post-Disposal |
|---|---|---|---|---|
| 1 | 71,000 | 13,91,07,362.96 | 150,000 | 0.165% |
The trading plan was initially approved on February 19, 2026. The execution period was revised to conclude on June 29, 2026, instead of June 26, 2026, to accommodate a market holiday. The trades were executed exclusively on the BSE.
Historical Stock Returns for INOX India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.51% | +10.74% | +2.59% | +90.94% | +71.01% | +122.76% |
Will this significant reduction in holdings by an executive director influence investor sentiment regarding the company's future performance?
Does the completion of this pre-approved trading plan suggest that other insiders might also execute similar sales in the near term?
How might the funds raised from this disposal be utilized by Kulkarni, and could it indicate a lack of confidence in the current valuation?
20
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
