ISF Limited CEO Vishal Dang sold 71,00,000 equity shares through four off-market transactions on February 27, 2026, reducing his shareholding from 7.56% to 0.09%. The sales were conducted in tranches of 6,10,000, 10,00,000, 37,50,000, and 17,40,000 shares on BSE Limited. The company disclosed this information on March 02, 2026, in compliance with SEBI insider trading regulations.
ISF Limited CEO Vishal Dang Divests 71 Lakh Equity Shares in Multiple Off-Market Transactions
ISF Limited has disclosed a significant divestment by its Chief Executive Officer Vishal Dang, who sold 71,00,000 equity shares through multiple off-market transactions on February 27, 2026. The disclosure was made under Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.
Transaction Details
The CEO executed four separate share sales on the same trading day, all conducted through off-market transactions on BSE Limited. The transactions resulted in a substantial reduction in his shareholding position within the company.
Transaction Shares Sold Pre-Transaction Holding Post-Transaction Holding Shareholding % First Sale 6,10,000 71,84,910 (7.56%) 65,74,910 (6.92%) -0.64% Second Sale 10,00,000 65,74,910 (6.92%) 55,74,910 (5.87%) -1.05% Third Sale 37,50,000 55,74,910 (5.87%) 18,24,910 (1.92%) -3.95% Fourth Sale 17,40,000 18,24,910 (1.92%) 84,910 (0.09%) -1.83%
Regulatory Compliance
The company received the mandatory disclosure from Vishal Dang on March 02, 2026, which was subsequently filed with BSE Limited. Company Secretary and Compliance Officer Anjali Raj submitted the required documentation to ensure compliance with insider trading regulations.
The disclosure includes detailed information about each transaction, including the mode of acquisition as off-market transfers and confirmation that no derivative trading was involved in these transactions. All sales were executed on BSE Limited as per the regulatory filing.
Impact on Shareholding Structure
The divestment represents a significant change in the CEO's stake in ISF Limited. Dang's total shareholding decreased from 71,84,910 shares representing 7.56% of the company to just 84,910 shares representing 0.09% of the total shareholding. This reduction of over 7% in shareholding marks a substantial change in his investment position within the company.
The transactions were completed within the regulatory framework, with proper intimation provided to the company on March 02, 2026, maintaining transparency and compliance with SEBI guidelines for insider trading disclosures.
ISF Limited has filed a mandatory disclosure regarding insider trading activities by Mr. Kamal Kant Dang, immediate relative of the company's Chief Executive Officer. The disclosure, submitted to BSE Limited on January 24, 2026, pertains to significant equity share transactions executed on January 22, 2026.
Transaction Details
Mr. Kamal Kant Dang executed three separate off-market transactions on January 22, 2026, resulting in the complete divestment of his shareholding in ISF Limited. The transactions were structured as follows:
Transaction Shares Sold Initial Holding Post-Transaction Holding Shareholding % First Sale 20,19,478 57,27,384 (6.03%) 37,07,906 (3.90%) -2.13% Second Sale 22,07,906 37,07,906 (3.90%) 15,00,000 (1.58%) -2.32% Third Sale 15,00,000 15,00,000 (1.58%) Nil -1.58%
The total value of shares sold amounted to 57,27,384 equity shares, representing the complete liquidation of Mr. Dang's stake in the company.
Regulatory Compliance
The disclosure was made in accordance with Regulation 7(2) read with Regulation 6(2) of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. All transactions were executed through off-market mechanisms on BSE Limited. The company received the disclosure from Mr. Dang on January 24, 2026, and promptly communicated the same to the stock exchange.
Company Information
Parameter Details Company Name ISF Limited ISIN INE973B01026 BSE Scrip Code 526859 Registered Office Khasra No. 10/2, Samalka, New Delhi- 110037 Corporate Office TR-205 2nd Floor, A-100, Sector-58 Noida, Uttar Pradesh- 201301
The disclosure was signed by Anjali Raj, Company Secretary and Compliance Officer, confirming the company's adherence to regulatory requirements for insider trading disclosures. Mr. Dang, residing at 1406, Free Ganj Road, Hapur, Uttar Pradesh, holds PAN number AALPD7429D and is classified as an immediate relative of the company's CEO under SEBI regulations.
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