https://www.taxtmi.com/news?id=44815 A promoter and an affiliated family trust completed a secondary block sale of a minority stake via placement agents, increasing the share count and aggregate offer size relative to earlier terms. The transaction, executed in multiple exchange tranches at a floor price below the previous close, is entirely secondary. The sale includes a lock-up period for vendors and immediate relatives, with a contractual exception permitting a negotiated transfer of a material parcel to a single investor or investor group subject to pricing and lock-up conditions. en-us Tue, 27 May 2025 11:01:04 +0530 Tue, 27 May 2025 11:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=44815 A promoter and an affiliated family trust completed a secondary block sale of a minority stake via placement agents, increasing the share count and aggregate offer size relative to earlier terms. The transaction, executed in multiple exchange tranches at a floor price below the previous close, is entirely secondary. The sale includes a lock-up period for vendors and immediate relatives, with a contractual exception permitting a negotiated transfer of a material parcel to a single investor or investor group subject to pricing and lock-up conditions. News - Tue, 27 May 2025 11:01:04 +0530 https://www.taxtmi.com/news?id=44815