Smart Money Alert
Asgard Alcobev Limited
DecreasedSAST
512025Diversified Commercial ServicesMarket Cap₹884 Cr
Stake
38.19% → 31.77%
Deal value
₹66.96 Cr
Shares
2.00 Cr
Trade date
3 Jun 2026
Since alert−12.5%₹32.74 → ₹28.64
Nifty 50−0.3%
RO
Ronak Jain
Promoter
The move
Ronak Jain, a promoter of Asgard Alcobev Limited, sold 2 crore shares worth ₹66.96 crore at ₹33.48 apiece in an open market transaction, decreasing his stake from 38.19% to 31.77%.
A manufacturer and supplier of diversified kraft paper products, Asgard Alcobev operates across multiple commercial service segments serving various industrial applications. Incorporated in 1984, the company has established itself through production of different kraft paper grades tailored for distinct customer needs. Its diversified portfolio and operational expertise enable the company to serve multiple sectors within the commercial services domain across India.
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