Promoter stake sales refer to situations where the founders or key shareholders (promoters) of a company reduce their ownership by selling shares either in the open market or through structured transactions such as an Offer for Sale (OFS) or block deals.

Such transactions are closely monitored by investors, as they can indicate a range of underlying motives. These may include profit booking at high valuations, raising capital for new ventures, meeting regulatory requirements, or addressing personal or business liquidity needs.

While a reduction in promoter holding can sometimes be viewed negatively, suggesting potential concerns about the company’s future, it can also be a strategic move for reasons such as diversification of personal wealth or debt reduction. 

Here are the two stocks in which the promoter sold its stake

Usha Martin Ltd

Usha Martin Ltd is a leading global manufacturer of wire ropes, with applications in sectors like mining, oil & gas, infrastructure, elevators, and cranes. The company has a strong global presence and exports its products to numerous countries. It also operates in the specialty steel business, mainly for internal consumption.

Peterhouse Investments India Ltd, part of the promoter group, executed two market sales of equity shares in the company. On June 10 to June 11, 2025, it sold 6 lakh shares at an average price of ₹311.4 per share, amounting to approximately ₹18.68 crore. This was followed by another sale of 2 lakh shares on June 12, 2025, at an average price of ₹309.7 per share, totaling around ₹6.19 crore. 

The cumulative disposal of 8 lakh shares represented about 0.27 percent of the company’s equity. These transactions were reported under Insider Trading regulations, with the promoter group’s holding reducing to 68.66 lakh shares (2.25 percent) post-disposal.

NCL Industries Ltd

NCL Industries is an Indian company primarily involved in the production of cement and cement-based building materials. The company operates under the brand name “Cement Nagarjuna” and is also known for its Ready Mix Concrete (RMC), cement boards, and doors. It has a regional focus in South India and is expanding steadily in the construction material sector.

P S Raju, a member of the promoter group, executed a market sale of 5,000 equity shares in the company on June 12, 2025, at an average price of ₹220 per share. The transaction amounted to a total value of ₹11 lakh and represented approximately 0.01% of the company’s equity. Following this disposal, P S Raju’s holding stands at 36,283 shares (0.08%). 

Ultramarine & Pigments Ltd

Ultramarine & Pigments Ltd is a specialty chemicals company known for manufacturing ultramarine blue pigments and surfactants used in detergents, cosmetics, plastics, and coatings. It serves both domestic and international markets. The company also has a growing presence in the chemical intermediates space, particularly for exports.

Narayan S, a member of the promoter group, executed a market sale of 5,000 equity shares in the company on June 11 to June 12, 2025, at an average price of ₹520 per share. The transaction amounted to a total value of ₹26 lakh and represented approximately 0.02% of the company’s equity. Following the sale, Narayan S’s holding stands at 2.75 lakh shares (0.94%). 

Star Cement Ltd

Star Cement is one of the leading cement producers in the northeastern region of India. The company is known for manufacturing and selling Cement Clinker & Cement used in construction and infrastructure projects. With manufacturing units in Meghalaya and Assam, Star Cement has a strong distribution network and continues to expand into Eastern India.

Suchita Agarwal, a member of the promoter group, executed a market sale of 5,000 equity shares in the company on June 10, 2025, at an average price of ₹217.4 per share. The transaction, reported on June 12, 2025, amounted to a total value of approximately ₹10.87 lakh. Post-sale, her holding stands at 8.10 lakh shares (0.20%). 

Along with it, Vinay and Company, also part of the promoter group, carried out a market sale of 2,100 equity shares on June 10, 2025, at an average price of ₹219.5 per share. The total transaction value was approximately ₹4.61 lakh. Following the sale, their holding stands at 11.01 lakh shares (0.27%). 

Written by Sridhar J 

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