Ambassador Intra Holdings Limited has sold approximately 4.15 lakh equity shares of IEL Limited via an open market transaction on BSE.

This strategic divestment reduces Ambassador Intra's investment in IEL Limited from 1.52 crore shares, representing a 10.93% stake, to 1.48 crore shares, or 10.63% of IEL Limited's total share capital.

This move alters the company's investment portfolio and indicates a shift in capital allocation.

Shareholders should be aware of this adjusted exposure to IEL Limited.