NewsOrders & DealsEast India Drums & Barrels Manufacturing Limited Promoter Reduces Stake Through Open Market SaleEast India Drums & Barrels Manufacturing Limited Promoter Reduces Stake Through Open Market Sale
East India Drums & Barrels Manufacturing Limited disclosed that promoter Madhav Jayesh Valia sold 5,221 equity shares worth ₹6.51 lakh through open market transactions on January 16, 2026. The sale reduced his shareholding from 50.97% to 50.94%, representing a marginal decrease of 0.03%. The company filed appropriate regulatory disclosures with BSE Limited under SEBI regulations for substantial acquisition and insider trading norms.
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East India Drums & Barrels Manufacturing Limited has announced that promoter Madhav Jayesh Valia has reduced his shareholding in the company through an open market sale of equity shares. The transaction, completed on January 16, 2026, involved the sale of 5,221 equity shares worth ₹6.51 lakh.
Transaction Details
The share sale resulted in a marginal reduction in the promoter's stake in the company. The following table summarizes the key transaction parameters:
| Parameter: | Details |
|---|---|
| Shares Sold: | 5,221 equity shares |
| Transaction Value: | ₹6.51 lakh |
| Transaction Date: | January 16, 2026 |
| Mode of Sale: | Open market |
| Exchange: | BSE Limited |
Shareholding Changes
Madhav Jayesh Valia's shareholding position before and after the transaction shows the following changes:
| Holding Period: | Number of Shares | Percentage Holding |
|---|---|---|
| Before Transaction: | 75,30,088 shares | 50.97% |
| After Transaction: | 75,24,867 shares | 50.94% |
| Change: | -5,221 shares | -0.03% |
The company's total equity share capital remained unchanged at 1,47,74,221 equity shares both before and after the transaction.
Regulatory Compliance
East India Drums & Barrels Manufacturing Limited filed the necessary disclosures with BSE Limited on January 19, 2026, in compliance with regulatory requirements. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.
The company, formerly known as Precision Containeurs Limited, holds ISO certifications for quality management (9001:2015), environmental management (14001:2015), and occupational health and safety management (45001:2018). Company Secretary Mayuri Choudhary signed the regulatory filings on behalf of the company.
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