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
Star Cement Ltd
Star Cement Ltd is one of the leading cement manufacturers in Northeast India, known for producing high-quality cement at competitive prices. It operates modern, environmentally friendly plants and serves key markets in the Eastern and Northeastern regions. The company focuses on infrastructure and housing segments. It has strong distribution and a growing market presence.
Sarika Jalan, part of the Promoter Group, executed a market sale of 35,000 equity shares in Star Cement on August 19, 2025, at an average price of Rs. 291.8 per share. The transaction, reported on August 25, 2025, amounted to a total value of Rs. 1.02 crore. Post-sale, her holding stands at 731,278 shares (0.18% of the company), reflecting a 0.01% change in her stake.
Asahi India Glass Ltd
Asahi India Glass Ltd is India’s leading manufacturer of automotive and architectural glass. It supplies major car manufacturers and the construction industry with products like tempered, laminated, and value-added glass. AIS is a joint venture with Japan’s Asahi Glass Co. and operates state-of-the-art facilities. The company emphasizes innovation, safety, and energy efficiency.
Krishna Chamanlal Tiku, part of the Promoter Group, executed a market sale of 3,689 equity shares in Asahi India Glass on August 21, 2025, at an average price of Rs. 894 per share. The transaction, reported on August 25, 2025, amounted to a total value of Rs. 32.98 lakh. Post-sale, his holding stands at 150,000 shares (0.06% of the company), reflecting a 0% change in his stake.
Clean Science & Technology Ltd
Clean Science & Technology Ltd is a chemical manufacturing company specializing in eco-friendly and sustainable specialty chemicals. It serves industries such as pharmaceuticals, agrochemicals, and FMCG globally. Known for using clean technologies, the company focuses on high margins and cost efficiency, and has a strong R&D base and exports to numerous countries.
Krishnakumar Ramnarayan Boob, Nilima Krishnakumar Boob, Shradha Kariwala, Ashok Ramnarayan Boob, Asha Ashok Boob, and Parth Ashok Maheshwari, all belonging to the Promoter Group, collectively executed a market sale of 2,55,00,480 equity shares in Clean Science and Technology Ltd on August 21, 2025.
The transaction, reported on August 25, 2025, amounted to a cumulative change of 24.00% in total shareholding, reducing their collective stake from 74.97% to 50.97% of the company (on total capital) and from 74.97% to 50.97%, and the sale was executed through the open market.
Written by Sridhar J
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