Bhagyanagar India

Guys what do you think about the Promoter selling? Especially MD Devendra Surana, his stake is down by ~4% in the company since Sep 2025

The promoter hasn’t sold any stake.

This is an ongoing reclassification due to demerger. The ~4% stake is currently reflected under public shareholding in the name of Bhagyanagar Copper Private Limited.

In fact, as per the credit report, the promoter is expected to convert debt into equity, which should lead to an increase in their stake.

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Thanks @RocketMan , this helps

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