Mr Raghvendra has sold 15lac shares. The sale is for personal reasons for the family. The buyer is an institution. The institution has not announced it yet. Due to the QIP he had a freeze, which is now lifted, hence he’s decided to take a little money home. First time in all these years.
NCBG sale was a few days later. I don’t have information on this as yet.
Overall, not much of a concern. Large amounts have exchanged hands.
I’m keen to know who the buyer is.
Also keen to see how the order flow builds up this quarter.
Holding.
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