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Creador exits Ivalue Infosolutions; promoter offloads 1.88% stake in Indo Tech Transformers
Creador exits Ivalue Infosolutions; promoter offloads 1.88% stake in Indo Tech Transformers

About this update from Indo Tech Transformers Ltd.
Promoter sold further 1.88 percent equity stake in Indo Tech Transformers, the power and distribution transformers manufacturer, via open market transactions on June 30.Despite this stake sale by promoter, Indo Tech stock was locked in 5 percent upper circuit for second consecutive session, closing at Rs 3,235.9 amid high volumes on the National Stock Exchange.Promoter Shirdi Sai Electricals sold 68,048 shares in Indo Tech at Rs 3,231.23 per share, and 1.31 lakh shares at Rs 3,215.39 per share, which in total valued at Rs 66.41 crore.In previous session, too, promoter sold 1.88 percent stake in Indo Tech Transformers.Meanwhile, 360 ONE Pipe Fund has acquired 19.23 lakh shares (3.52 percent stake) in Ivalue Infosolutions, the Bengaluru-based technology services and solutions aggregator for Rs 50 crore at Rs 260 per share.Further, ace investor Ashish Kacholia's investment firm Bengal Finance & Investment bought additional 3 lakh shares in Ivalue at Rs 262.13 per share, valued Rs 7.86 crore.However, Sundara (Mauritius), an affiliate of South- and Southeast Asia-focused private equity firm Creador, exited Ivalue on Tuesday by selling its entire 56.98 lakh shares (10.43 percent stake) for Rs 148.27 crore at a price of Rs 260.2 per share.Ivalue Infosolutions may have reacted to the big stake sale by Sundara, falling 2.81 percent to Rs 265.55 amid big volumes on the National Stock Exchange.The major action was also seen in Krishna Defence and Allied Industries which stock price corrected 3.18 percent to Rs 1,207.4 amid high volumes.Promoters Pallavi Ashwin Shah, Ankur Ashwin Shah, and Preyal Ankur Shah sold 7 lakh shares (representing 4.68 percent stake) in Krishna Defence for Rs 84.21 crore, however, 360 ONE Pipe Fund has bought 4.41 lakh shares (2.95 percent stake) at Rs 1,203.47 per share, valued at Rs 53.15 crore.Meanwhile, promoter Prabhat Sethia sold 7.2 crore shares (0.86 percent stake) in Filatex Fashions for Rs 1.29 crore, at a price of Rs 0.18 per share. Total promoters shareholding in the company was 4.85 percent as of May 21, 2026.Promoter entity The Ballygunge Family Trust has acquired further 10.02 lakh shares (4.13 percent stake) in Shankara Building Products for Rs 12.75 crore at Rs 127.25 per share. The stock soared 3.84 percent to Rs 127.26 amid high volumes on the NSE.Promoter Jupiter Capital sold 10 lakh shares (2.35 percent stake) in Axiscad...
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