IEL Ltd — Insider Trade, 01-01-1970: Insider Trading / SAST
Date: 06.08.2025
To,
The Listing Department
BSE Limited
Phiroze Jeejeebhoy Towers,
25th Floor, Dalal Street,
Mumbai- 400 001
To,
IEL LIMITED
Office No 53, 6th Floor, Sanidhya Complex,
Near Devnandan Mall, Opp. Sanyas Ashram,
Nehru Bridge, Ashram Road, Ellisbridge,
Ahmedabad – 380006, Gujarat, India
SUB: Disclosure Under Regulation 29(2) of SEBI (SUBSTANTIAL ACQUISITION
OF SHARES AND TAKEOVER) REGULATIONS, 2011 AS AMENDED
(“TAKEOVER REGULATIONS”)
Dear Sir,
With Reference to the Captioned Subject, please find attached the Disclosure Pursuant
to Regulation 29(2) of Takeover Regulations, Regarding sale of Shares of IEL
LIMITED.
Kindly take the above on record.
For, AMBASSADOR INTRA HOLDINGS LIMITED
RAJESH SINGH THAKUR
Managing Director
DIN: 10593346
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Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of
Shares and Takeovers) Regulations, 2011
Name of the Target Company (TC) IEL LIMITED
Name(s) of the acquirer and Persons Acting in
Concert (PAC) with the acquirer
AMBASSADOR INTRA HOLDINGS
LIMITED (Acquirer)
Whether the acquirer belongs to
Promoter/Promoter group
NO
Name(s) of the Stock Exchange(s) where the
shares of TC are Listed
BSE Limited
Details of the acquisition / disposal as follows
Number %
w.r.t.total
share/voti
ng capital
wherever
applicable
(*)
% w.r.t. total
diluted
share/voting
capital of the
TC (**)
Before the acquisition under consideration,
holding of :
a) Shares carrying voting rights
b) Shares in the nature of encumbrance
(pledge/ lien/ non-disposal
undertaking/ others)
c) Voting rights (VR) otherwise than by
shares
d) Warrants/convertible securities/any
other instrument that entitles the acquirer
to receive shares carrying voting rights in
the T C (specify holding in each category)
e) Total (a+b+c+d)
ANNEXURE A
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Details of acquisition/sale
a) Shares carrying voting rights
acquired/sold
b) VRs acquired /sold otherwise than by
shares
c) Warrants/convertible securities/any
other instrument that entitles the acquirer
to receive shares carrying voting rights in
the TC (specify holding in each category)
acquired/sold
d) Shares encumbered / invoked/released
by the acquirer
e) Total (a+b+c+/-d)
ANNEXURE A
After the acquisition/sale, holding of:
a) Shares carrying voting rights
b) Shares encumbered with the acquirer
c) VRs otherwise than by shares
d) Warrants/convertible securities/any
other instrument that entitles the acquirer
to receive shares carrying voting rights in
the TC (specify holding in each category)
after acquisition
Total (a+b+c+d)
ANNEXURE A
Mode of acquisition / sale (e.g. open market /
off-market / public issue / rights issue /
preferential allotment / inter-se transfer etc).
Sell by way of Open Market on BSE
Date of acquisition / sale of shares / VR or
date of receipt of intimation of allotment of
shares, whichever is applicable
06.08.2025
Equity share capital / total voting capital of
the TC before the said acquisition / sale
Rs. 13,03,92,486/- divided into 13,03,92,486
Equity shares of Re. 1/- each.
Equity share capital/ total voting capital of
the TC after the said acquisition / sale
Rs. 13,03,92,486/- divided into 13,03,92,486
Equity shares of Re. 1/- each.
Total diluted share/voting capital of the TC
after the said acquisition
Rs. 13,03,92,486/- divided into 13,03,92,486
Equity shares of Re. 1/- each.
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(*) Total share capital/ voting capital to be taken as per the latest filing done by the company
to the Stock Exchange under Clause 35 of the listing Agreement.
(**) Diluted share/voting capital means the total number of shares in the TC assuming full
conversion of the outstanding convertible securities/warrants into equity shares of the TC.
For, AMBASSADOR INTRA HOLDINGS LIMITED
RAJESH SINGH THAKUR
Managing Director
DIN: 10593346
Date: 06.08.2025
Place: Ahmedabad
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ANNEXURE A
Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011
Name of the
Seller
Pre Holding Equity Shares
Sold
Post Holding
No of Equity
Shares
Carrying
Voting
Rights
% w.r.t. total
share capital
of TC on
fully diluted
basis
6th August,2025 No of Equity
Shares
carrying
voting rights
% w.r.t.
total
share
capital of
TC on
fully
diluted
basis
Ambassador
Intra Holdings
Limited
1,58,81,464 12.17% 6,38,912 1,52,42,552 11.69%
TOTAL 1,58,81,464 12.17% 6,38,912 1,52,42,552 11.69%
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