Radiowalla Network promoter buys 3,200 shares worth ₹87,360
Promoter Harpreet Singh purchased 3,200 equity shares of Radiowalla Network on June 16, 2026, for an aggregate value of ₹87,360 via open market transactions on the NSE. The company confirmed the transaction does not trigger mandatory disclosure under SEBI PIT, SAST, or LODR regulations due to low thresholds. The intimation was submitted voluntarily for transparency.

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Promoter Harpreet Singh acquired 3,200 equity shares of radiowalla network on June 16, 2026, through open market transactions on the NSE platform. The total transaction value amounted to ₹87,360. The acquisition was executed in two separate trades at varying prices.
The details of the transaction include the purchase of 1,600 shares at ₹26.70 and another 1,600 shares at ₹27.90. The individual values for these trades were ₹42,720 and ₹44,640, respectively. The mode of acquisition was categorized as a normal market purchase.
Radiowalla Network stated that the traded value does not exceed ₹10,00,000 in the calendar quarter. Consequently, the threshold prescribed under Regulation 7(2)(a) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 is not triggered. The company noted that the requirement for mandatory disclosure under this regulation does not apply.
Furthermore, the change in shareholding resulting from this acquisition does not meet the 2% threshold required for continual disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company also clarified that the transaction does not constitute a material event under Schedule III Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as the change in promoter holding is insignificant and does not affect control or management.
Despite the non-applicability of these regulatory disclosures, the company submitted the intimation voluntarily as a measure of good corporate governance and transparency.
| Transaction Details | |
|---|---|
| Promoter Name | Harpreet Singh |
| Date of Purchase | June 16, 2026 |
| Total Quantity Purchased | 3,200 equity shares |
| Aggregate Value | ₹87,360 |
| Mode of Acquisition | Open Market Purchase |
| Category | Normal Market |
| Trade Break-up | |
|---|---|
| Quantity | Price per Share |
| 1,600 | ₹26.70 |
| 1,600 | ₹27.90 |
Historical Stock Returns for Radiowalla Network
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.99% | -1.97% | -8.07% | -51.16% | -54.23% | -78.32% |
Does this acquisition signal the start of a broader trend of increased promoter buying in the company?
How might the market interpret this voluntary disclosure regarding the company's future growth prospects?
Will this move encourage other board members or key management personnel to increase their stakes?



























