Sale of shares by the director

shivang (cs trainee) (67 Points)

06 December 2012  

i m wrkg as article in one co. which is listed on nse and bse.. our director(one of the promoter) wishes to sell his shares. now i wan 2 know whether any intimation is required to be given to nse/ bse or any other procedure has to be followed. plz note that minimum requirement of 25% in the shareholding by  public has already been complied by our company.