Promoters cashing out? 10 companies witnessing largest stake sales in Dec quarter – Decline in Promoter Holdings

Promoters play a crucial role in a company’s ownership structure, and any significant increase or decrease in their holdings can indicate strategic shifts, business outlook changes, or capital-raising efforts.

In the December 2024 quarter, several companies witnessed a decline in promoter holdings, signaling potential realignments in ownership. The below list from Kotak Institutional Equities highlights top 10 companies where promoters have offloaded their stake the most, based on %age change: