Indong Tea Company Discloses Promoter Group Entity Share Sale

1 min read     Updated on 19 Sept 2025, 02:47 PM
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Overview

Indong Tea Company Limited has filed regulatory disclosures with BSE Limited regarding the sale of equity shares by Brahmaputra Commodities Private Limited, a promoter group entity. The disclosures were made under SEBI regulations for substantial acquisition of shares and takeovers, as well as insider trading. The company's Company Secretary cum Compliance Officer, Chandan Gupta, signed the disclosures on September 19, 2025. The exact number of shares sold and financial impact were not disclosed.

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*this image is generated using AI for illustrative purposes only.

Indong Tea Company Limited has submitted regulatory disclosures regarding the sale of equity shares by one of its promoter group entities, Brahmaputra Commodities Private Limited. The company filed these disclosures in compliance with the Securities and Exchange Board of India (SEBI) regulations.

Regulatory Compliance

The tea company has made two separate filings with the BSE Limited:

  1. A disclosure under Regulation 29(2) & 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
  2. A disclosure under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Both disclosures pertain to the sale of equity shares by Brahmaputra Commodities Private Limited, which belongs to the Promoter Group category of Indong Tea Company.

Details of the Disclosure

The disclosures were signed by Chandan Gupta, the Company Secretary cum Compliance Officer of Indong Tea Company Limited, on September 19, 2025. The company has requested the BSE to take these disclosures on record.

Company Information

Indong Tea Company Limited, with its Corporate Identification Number (CIN) L01122WB1990PLC050506, is headquartered at Sikkim Commerce House, 4/1, Middleton Street, Kolkata - 700 071, India. The company's tea garden is located at P.O. - Matelli, Dist.: Jalpaiguri (W.B.), with the nearest railway station being Chalsa.

While the exact number of shares sold or the financial impact of this transaction has not been disclosed in the available information, such sales by promoter group entities can sometimes influence investor sentiment and market dynamics.

Shareholders and potential investors of Indong Tea Company Limited are advised to take note of this development. For further details, interested parties may refer to the full disclosures submitted to the BSE Limited.

Historical Stock Returns for Indong Tea Company

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Indong Tea Company Promoter Group Entity Azamabad Tea Slashes Stake to 0.02%

1 min read     Updated on 09 Sept 2025, 10:40 AM
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Reviewed by
Radhika SahaniScanX News Team
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Overview

Azamabad Tea Company, a promoter group entity of Indong Tea Company Limited, has sold 132,000 equity shares on the Bombay Stock Exchange between September 1-2, 2025. The transaction value was Rs 17,64,871.00. This sale reduced Azamabad Tea's stake from 0.70% (135,579 shares) to 0.02% (3,579 shares), marking a 0.68% decrease in ownership. The company has made the necessary disclosures in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Indong Tea Company Limited has reported a significant reduction in the shareholding of one of its promoter group entities. Azamabad Tea Company Private Limited, a member of the promoter group, has sold a substantial portion of its stake in the company through on-market transactions.

Transaction Details

According to the disclosure made under SEBI insider trading regulations:

  • Azamabad Tea Company sold 132,000 equity shares of Indong Tea Company.
  • The transaction took place between September 1-2, 2025.
  • The sale was executed on the Bombay Stock Exchange (BSE).
  • The total transaction value amounted to Rs 17,64,871.00.

Impact on Shareholding

The sale has resulted in a significant change in Azamabad Tea's holding in Indong Tea Company:

Particulars Before Sale After Sale
Number of Shares 135,579 3,579
Percentage Holding 0.70% 0.02%

This transaction represents a reduction of 0.68% in Azamabad Tea's stake in Indong Tea Company.

Regulatory Compliance

The company has made the necessary disclosures in compliance with:

  1. Regulation 29(2) & 29(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
  2. Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.

These disclosures were submitted to the BSE Limited on September 9, 2025, as per the regulatory requirements.

Company Information

Indong Tea Company Limited, with its CIN No. L01122WB1990PLC050506, is headquartered at Sikkim Commerce House, 4/1, Middleton Street, Kolkata - 700 071, India. The company's tea garden is located at P.O. - Matelli, Dist.: Jalpaiguri (W.B.), with Chalsa as the nearest railway station.

This sale by a promoter group entity may be of interest to investors and market analysts monitoring changes in the ownership structure of Indong Tea Company Limited.

Historical Stock Returns for Indong Tea Company

1 Day5 Days1 Month6 Months1 Year5 Years
-4.60%-11.96%-12.24%-32.09%-55.84%-37.20%
Indong Tea Company
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