Promoter stake sales happen when the main shareholders (promoters) sell some of their shares, either in the open market or through special deals. Investors watch these sales closely, as they can mean the promoters want to book profits, raise money for new projects, or meet personal or regulatory needs.
While a drop in promoter holding might worry some investors, it can also be a smart move for promoters to diversify wealth or reduce debt, so the reason behind the sale matters.
Here are the three stocks in which the promoter sold its stake
Salasar Techno Engineering Ltd
Salasar Techno Engineering Ltd is a leading Indian manufacturer of galvanized and non-galvanized steel structures, serving sectors like telecom, power transmission, railways, and smart city infrastructure. The company offers comprehensive engineering, procurement, and construction (EPC) solutions under one roof, catering and has diverse product portfolio that includes telecom towers, solar mounting structures, substation structures, and railway components.
Base Engineering LLP, a member of the promoter group, executed a market sale of 279,430 equity shares in the company on June 18, 2025 (reported to the exchange on June 20, 2025), at an average price of Rs. 8.2 per share. The transaction amounted to a total value of Rs. 22.88 Lakhs and represented 0.02% of the company’s equity. Following the sale, Base Engineering LLP’s post-transaction holding stands at 8,058,916 shares (0.47% of the company).
NCL Industries Ltd
NCL Industries Ltd is a prominent player in India’s cement and building products sector, with a strong presence in Southern India. The company manufactures and markets cement under the brand “Nagarjuna Cement,” along with ready-mix concrete and asbestos cement sheets and pipes. Its products are widely used in infrastructure and real estate projects across the country.
P Varalakshmi, a member of the promoter group, executed a market sale of 28,012 equity shares in the company on June 20, 2025 (reported to the exchange on the same date), at an average price of Rs. 212.8 per share. The transaction amounted to a total value of Rs. 59.62 lakhs and represented approximately 0.06% of the company’s equity. Following the sale, P Varalakshmi’s post-transaction holding stands at 176,355 shares (0.39% of the company).
Ultramarine & Pigments Ltd
Ultramarine & Pigments Ltd specializes in the production of inorganic pigments, notably ultramarine blue and violet, as well as organic surfactants. The company operates manufacturing facilities in Chennai and Ranipet, Tamil Nadu, supplying pigments to industries such as paints, plastics, rubber, and printing. It is considered one of the largest global manufacturers of inorganic pigments, with a robust export presence.
Narayan S, a member of the promoter group, executed market sales of equity shares in the company between June 18 and June 20, 2025. Over this period, he sold a total of 2,100 shares (1,550 shares at Rs. 516.8 per share and 550 shares at Rs. 510 per share) for a combined value of Rs. 10.81 lakhs. These sales represented approximately 0.01% of the company’s equity.
Following the sales, Narayan S’s post-transaction holding stands at 264,900 shares (0.91% of the company). The transactions were reported to the exchange on June 19 and June 23, 2025, and were conducted under Insider Trading regulations.
Written by Sridhar J
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
