Quite surprising. MD sold 7.5 lakh shares on 18th June and now another promoter group entity offloads ~13 lakh shares. No filings with the exchanges regarding this. We need to know who the buyer is.
The promoter group has 3 entities:
- NCBG Holdings
- VNG Technologies
- Raghavendra Rao Hosakote Shamrao (MD)
If both have sold to VNG Technologies then I would not be worried. If it is someone else then it is a very big red flag.
Subscribe To Our Free Newsletter |