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Belrise Industries promoter sells 5.83 cr shares worth ₹897 cr
short by / on Tuesday, 23 December, 2025
Belrise saw 5.83 crore shares (6.55% equity) change hands in a block deal at ₹153.7 per share, valuing the transaction at ₹897 crore. Promoter-group entity Sumedh Tools Pvt Ltd was reported as the seller. Sentiment was further supported by Belrise’s three-year strategic partnership with Israel’s Plasan Sasa, strengthening its defence manufacturing.
read more at Trade Brains