Promoter (TrueN & Aether) + Orange C to sell 14.7% holding via block deal at 968 which is 8% lower than CMP 1052.
Current promoter holding is 23.38 and Orange C which is public holding is at 22.9 = 46.28
After block deal it will be 31.58.
Promoter holding will get exhausted soon (good news) but orange C will remaing significant. Believe selling pressure will reduce but remains via oragne C.
Disc: Invested post ipo and added recently as well