Voltamp promoter stake sale: Promoter Kunjal Patel sold his 7.8 percent stake in Voltamp transformers for about Rs 600 crore on 9 September through Open Market Transaction.
After the transaction, the company fell by 3.53 percent to close at Rs 7,503, which is the lowest level since 9 May this year. The stock broke the lower level of the Bollinger band on NSE, which continued downtrend in the fourth consecutive session.
On which price did the deal
Kunjal Lalitkumar Patel sold a total of 7,88,686 equity shares (7.8% stake) at Rs 7,605.91 per share, with a total price of Rs 599.86 crore. CNBC-Awaaz reported on 8 September that promoters could sell up to 7.88 lakh shares through block deals.
Aditya Birla Sun Life Insurance, Prudential Assurance Company, UTI Small Cap Fund, Bajaj Allianz Life Insurance Company and Citigroup Global Markets Mauritius bought a total of 4,77,770 shares (4.72% stake) 363.33 crore.
Information of major buyers
The Prudential Assurance Company was the largest buyer, who bought a 1.5% stake for Rs 115.6 crore. Bajaj Allianz Life Insurance Company bought a 1.29% stake for Rs 99.6 crore.
As of June 2025, the total stake in Voltamp was 37.8 percent. UTI Mutual Fund and Aditya Birla Sun Life Insurance Company held 1.16 percent and 1.36 percent stake respectively.
Voltamp transformers share
Voltamp’s stock fell 3.53 percent to close at Rs 7,503. The stock has declined 7.21% in the last 1 month. This year i.e. in 2025, the stock has fallen 27.81%. At the same time, in the last 1 year the stock has been almost half. During this time it has declined by 45.45%. However, the stock has gone up 12.90% in the last 6 months.
Voltamp transformers business
Voltamp transformers are a large power transformer company in India. It produces high-voltage and distribution transformers and gives power to produce and supply companies. Its customers are power generators, distribution companies and industrial units. The company’s good engineering and modern factory make it strong in India and abroad.
Disclaimer: Here information provided is being given only for information. It is necessary to mention here that the investment market in the market is subject to risks. Always consult experts before investing money as an investor. There is never advice to anyone to invest money on behalf of Moneycontrol.