Onesource Industries and Ventures Limited: Promoter Offloads 7,00,000 Shares, Reducing Stake to 33.07%

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Chennai/Bhopal, January 31, 2025Onesource Industries and Ventures Limited (BSE: 530805), formerly known as Onesource Ideas Venture Limited, has witnessed a reduction in promoter shareholding as Mr. Vibhu Maurya, a promoter, offloaded 7,00,000 equity shares of the company in an open-market transaction on January 30, 2025.

Key Transaction Details:

ParticularsBefore SaleSoldAfter Sale
Shares Held1,08,70,5697,00,0001,01,70,569
% of Total Equity Capital35.35%2.28%33.07%
The company’s total equity capital remains unchanged at 3,07,50,000 equity shares of Re. 1/- each.

Regulatory Disclosure:

The transaction, carried out in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, has been disclosed to BSE Limited, where the company is listed.

Market Implications:

This sale marks a 2.28% reduction in Mr. Maurya’s stake, bringing his holding down to 33.07%. Despite this reduction, he continues to hold a significant stake, indicating retained promoter confidence in the company's future prospects.
The development comes amid a time of strategic realignments within Onesource Industries and Ventures Limited, and investors will closely watch any subsequent promoter activity or corporate announcements that might follow this transaction.
 
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