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:

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.

Indong Tea Company Limited has reported a significant development in its shareholding structure. The company has disclosed that promoter Madanlal Garg has sold equity shares, as per a regulatory filing submitted to the BSE Limited.

Regulatory Compliance

The disclosure was made in compliance with the Securities and Exchange Board of India (SEBI) regulations concerning substantial acquisition of shares and takeovers. Chandan Gupta, the Company Secretary cum Compliance Officer of Indong Tea Company Limited, submitted the required documentation regarding the share sale transaction.

Multiple Disclosures

According to the LODR (Listing Obligations and Disclosure Requirements) data, the company has made two separate disclosures related to this transaction:

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

Transaction Details

While the exact number of shares sold and the transaction value have not been disclosed in the available information, the sale is significant enough to warrant regulatory filings. The transaction involves the sale of equity shares by Madanlal Garg, who belongs to the Promoter category of the company.

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.

Market Impact

Investors and market watchers may want to keep an eye on Indong Tea Company's stock in the coming days to observe any potential impact of this share sale on the company's stock price and trading volume.

The company has duly informed the BSE Limited about these transactions, ensuring transparency and compliance with regulatory requirements. As always, investors are advised to consider such insider transactions as part of their overall analysis when making investment decisions.