INOX India Limited has reported a stock disposal by a member of its promoter group. Ms. Lata Madhusudan Rungta sold 10,000 equity shares, which accounts for 0.01% of the company’s total equity share capital. The transaction, conducted on the open market, was valued at approximately ₹1.43 crore. Following this divestment, the promoter’s holding has adjusted to 5,60,840 shares, representing 0.62% of the company’s total shareholding.
Details of the Transaction
In a recent disclosure, INOX India Limited confirmed that Ms. Lata Madhusudan Rungta, a member of the promoter group, executed a sale of 10,000 equity shares of the company. The shares were offloaded through the National Stock Exchange (NSE) on the open market. The transaction was completed at a total value of ₹1,42,78,420, with trade dates occurring between May 15, 2026, and May 18, 2026.
Impact on Shareholding
Prior to this disposal, Ms. Rungta held 5,70,840 shares, equivalent to 0.63% of the company’s total equity share capital. Following the sale of 0.01% of the capital, her stake now stands at 5,60,840 shares, which represents 0.62% of the total equity shareholding of INOX India Limited.
Trading Activity Summary
The company confirmed that there was no trading in derivatives related to company securities by the individual during this period. The disclosure reinforces transparency regarding the shareholding movements of the promoter group.
Source: BSE