Promoter Mr. Milind Manohar Padole has sold a 0.89% stake through an off-market transaction. Following the sale, his stake in the company has reduced from 42.11% to 41.22%. While there could be various reasons for this sale, if a trend of continued selling develops, it may become a cause for concern and warrants close monitoring.
Disclosure: Invested at lower levels and may have a biased view.
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