Company Update

Azamabad Tea Company Pvt Ltd, a promoter group entity of Indong Tea Company, has sold 1,72,000 equity shares on the open market between 23rd and 27th June 2025, reducing its stake from 1.71% to 0.82%. The sale involved shares valued at Rs. 19.42 million at Rs.10 per share.

This reduction in promoter holding may impact the promoter influence and shareholding pattern, which shareholders should monitor for any potential strategic or governance implications.