Abate As Industries Ltd

Major Shareholder Sells 45% Stake in Abate AS Industries 📉

- Fazil Chemmankuzhiyil sold 70,92,291 shares (45% of total capital)

- Transaction occurred on March 23, 2026 through off-market transfer

- Seller's holding reduced from 2,30,34,956 shares (14.62%) to 7,59,42,665 shares (10.12%)

- Total equity share capital remains unchanged at Rs. 1,57,60,64,560

- Seller does not belong to the promoter/promoter group