Asian Housing reduces stake in Indong Tea to 1.83%

1 min read     Updated on 17 Jul 2026, 05:24 PM
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AI Summary

Asian Housing and Infrastructure Limited reduced its stake in Indong Tea Company by 44,000 shares (0.23%) through open market sales between March 20 and March 24, 2026. The transaction lowered the promoter group member's holding to 3,56,000 shares, or 1.83% of the paid-up equity capital. The disclosure was made to BSE on July 17, 2026, under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Asian Housing and Infrastructure Limited, a member of the promoter group, has reduced its shareholding in Indong Tea Company through open market transactions. The entity disposed of 44,000 equity shares, representing 0.23% of the paid-up equity share capital, during the period from March 20, 2026, to March 24, 2026. The total equity share capital of the target company stands at ₹19,42,10,480.

Prior to the sale, Asian Housing and Infrastructure Limited held 4,00,000 shares, constituting 2.06% of the company's paid-up equity share capital. Following the disposal, the shareholding stands reduced to 3,56,000 equity shares, which accounts for 1.83% of the paid-up equity share capital. The disclosure was submitted to the company on July 17, 2026, in accordance with Regulation 29(2) read with Regulation 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The following table outlines the specifics of the share disposal:

Parameter Details
Pre-transaction holding 4,00,000 shares (2.06%)
Shares disposed 44,000 shares (0.23%)
Post-transaction holding 3,56,000 shares (1.83%)
Transaction period 20.03.2026 to 24.03.2026
Mode of disposal Open Market

Regulatory Disclosure

The disclosure was formally submitted to Indong Tea Company Limited by Raunak Garg, Director of Asian Housing and Infrastructure Limited. The company subsequently informed BSE Limited regarding the receipt of the disclosure under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was signed by Hariram Garg, Managing Director of Indong Tea Company Limited, on July 17, 2026.

Historical Stock Returns for Indong Tea Company

1 Day5 Days1 Month6 Months1 Year5 Years
-0.55%+20.00%+11.11%-7.12%-43.43%-58.72%

Does this reduction in shareholding signal a potential exit strategy by the promoter group?

How might the market interpret this insider selling regarding Indong Tea's future performance?

Are there plans for the promoter group to further reduce its stake in the coming quarters?

Indong Tea Company board meets on May 29 for FY26 results

1 min read     Updated on 25 May 2026, 07:31 PM
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AI Summary

Indong Tea Company Limited will hold a board meeting on May 29, 2026, to consider the standalone audited financial results for the year ended March 31, 2026. The trading window for insiders has been closed since April 1, 2026, and will reopen 48 hours after the results are announced to the stock exchange.

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indong tea company has scheduled a meeting of its Board of Directors on Friday, May 29, 2026, to consider and approve the standalone audited financial results for the year ended March 31, 2026. The meeting will be held at 03:00 P.M. at the company's registered office to take the results on record along with the audited report or limited review report.

In compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the company has been closed since April 1, 2026. This closure applies to all insiders, including directors and designated employees, as well as their immediate relatives.

The window will remain shut until the completion of 48 hours after the announcement of the audited financial results to the stock exchange. Consequently, insiders are prohibited from entering into any transactions involving the company's securities during this period.

The intimation was submitted to BSE Limited under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Chandan Gupta, Company Secretary cum Compliance Officer, signed the disclosure on behalf of the company.

Key Meeting Details

Event Details
Meeting Date May 29, 2026
Time 03:00 P.M.
Agenda Consideration of standalone audited financial results for FY26
Trading Window Closure April 1, 2026, until 48 hours post-results announcement

Historical Stock Returns for Indong Tea Company

1 Day5 Days1 Month6 Months1 Year5 Years
-0.55%+20.00%+11.11%-7.12%-43.43%-58.72%

How might the FY26 standalone audited results impact Indong Tea Company's stock performance once the trading window reopens?

What strategic initiatives or operational changes is the company likely to discuss alongside the financial results?

How will the market react to any potential deviations from the company's previous financial guidance or analyst expectations?

More News on Indong Tea Company

1 Year Returns:-43.43%