Ambassador Intra Holdings Limited, a significant shareholder in IEL Limited , has reduced its stake in the company through a recent share sale. The transaction, which took place on September 18, 2025, involved the sale of 3,00,000 equity shares of IEL Limited through open market transactions on the Bombay Stock Exchange (BSE).

Transaction Details

The sale has resulted in a notable change in Ambassador Intra Holdings' ownership position in IEL Limited:

This transaction represents a reduction of 0.21 percentage points in Ambassador Intra Holdings' stake in IEL Limited.

Company Information

IEL Limited, the target company of this transaction, has a total equity share capital of Rs. 13,93,92,486, divided into 13,93,92,486 equity shares with a face value of Re. 1 each. The company is listed on the BSE.

Regulatory Compliance

In compliance with the Securities and Exchange Board of India (SEBI) regulations, specifically Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Ambassador Intra Holdings Limited has made the necessary disclosures regarding this sale of shares.

Shareholder Status

It's important to note that Ambassador Intra Holdings Limited is not part of the promoter or promoter group of IEL Limited. The company made this clear in its regulatory filing, emphasizing its position as an external investor.

The sale was executed through open market transactions on the BSE, aligning with standard practices for such stake reductions. This move by Ambassador Intra Holdings could be part of its investment strategy or portfolio rebalancing efforts.

IEL Limited has seen a reduction in stake by Ambassador Intra Holdings Limited, according to a recent disclosure filed with the BSE Limited.

Transaction Details

On September 17, 2025, Ambassador Intra Holdings sold 2,40,000 equity shares of IEL Limited through open market transactions on the BSE. This sale has resulted in a decrease in Ambassador Intra Holdings' stake in IEL Limited from 7.81% to 7.64%.

Shareholding Impact

The transaction has reduced Ambassador Intra Holdings' shareholding by 0.17 percentage points.

Company Information

IEL Limited has a total equity share capital of Rs. 13,93,92,486, divided into 13,93,92,486 equity shares with a face value of Re. 1 each. Ambassador Intra Holdings is not part of the promoter group of IEL Limited.

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires shareholders to disclose their holdings when there are significant changes in their stake in a listed company.

Market Implications

While the sale represents a minor reduction in Ambassador Intra Holdings' stake, it may be of interest to market participants and other shareholders of IEL Limited. Such transactions by significant shareholders can sometimes influence market sentiment or indicate changing perspectives on a company's prospects.

Investors and market analysts may want to monitor further developments or disclosures from both Ambassador Intra Holdings and IEL Limited for any potential impact on the company's stock performance or corporate governance.