Ambassador Intra Holdings Limited has reduced its investment holdings by selling 6.22 lakh equity shares of IEL Limited through an open market transaction on the BSE.

This divestment has decreased Ambassador's stake in IEL from 10.63% to 10.19%. The total equity capital of IEL Limited remains at Rs. 13.94 Cr.

This strategic sale impacts the company's overall investment portfolio and adjusts its exposure to IEL Limited, potentially reallocating capital or reflecting a revised investment outlook.