Asian Housing reduces stake in Indong Tea to 1.83%
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































