Ambassador Intra Holdings Limited has divested 7,02,643 equity shares it held as an investment in IEL LIMITED via an open market sale.

This transaction significantly alters the company's stake in IEL LIMITED, reducing its ownership from 10.19% to 9.68% of the target company's total share capital.

This move reflects a change in the company's investment portfolio strategy and is relevant for shareholders to understand the shifting asset base and future exposure to IEL LIMITED.