Jalpaiguri Holdings Sells Shares in Longview Tea Company Ltd, Reducing Holding
Jalpaiguri Holdings Pvt.Ltd has sold a portion of its shares in Longview Tea Company Ltd, reducing its stake following an offmarket sale of equity shares on June 23, 2026. The transaction involves the sale of shares held by Jalpaiguri Holdings, which is identified as a Promoter Group entity in both capacities.According to the details of the disposal, before the acquisition, Jalpaiguri Holdings Pvt.Ltd held 165,200 shares in Longview Tea Company Ltd. This pre-acquisition holding represented 5.51% of the total share/voting capital of the company. The sale involved a transfer of 96,500 shares, which constituted 3.22% of the total diluted share.
Following this offmarket sale, Jalpaiguri Holdings Pvt.Ltd’s holding in Longview Tea Company Ltd stood at 68,700 shares, translating to a 2.29% stake in the company.
The transaction details are summarized below:
| Category | Before Disposal (Shares/Percentage) | Shares Disposed | After Disposal (Shares/Percentage) |
|---|---|---|---|
| Jalpaiguri Holdings Pvt.Ltd Stake | 165,200 / 5.51% | 96,500 / 3.22% | 68,700 / 2.29% |
The equity share capital of Longview Tea Company Ltd was reported as 29,96,500 equity shares of Rs.10/-each both before and after the said acquisition/sale. The mode of disposal for Jalpaiguri Holdings Pvt.Ltd was recorded as an offmarket sale on June 23, 2026.
Stock Price Movement
Longview Tea Company Ltd. shares settled at ₹14.82 on Monday, representing a 5.00% decline from its previous close. The stock traded within an intraday range defined by a high of ₹15.60 and a low of ₹14.82.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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