Indong Tea Company Ltd — Important, 18-02-2026: Company Update
18-02-2026 | 12:49 pm
18-02-2026 | 12:49 pm
The company has received notification of an internal transfer of 3,07,895 equity shares (1.585%) within its promoter group. Greenex Chemicals Private Limited, a promoter group entity, merged with IBM Finance and Investment Private Limited, another promoter group member, as per an NCLT-sanctioned amalgamation scheme. Consequently, Greenex Chemicals' holding became nil, and IBM Finance and Investment's stake increased from 6.82% to 8.40%. This transaction consolidates a portion of the promoter's holding under one entity, reflecting a structural change within the group rather than a change in overall promoter ownership.
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