Radiowalla Network Limited has disclosed that two of its key insiders have purchased equity shares of the company from the open market on the same day. Both transactions took place on November 9, 2026, on the National Stock Exchange of India platform, at the same price of ₹21.25 per share.
The company shared this information as a voluntary disclosure in the interest of transparency and good corporate governance.
Who Bought and How Much
The first buyer is Harvinderjit Singh Bhatia, who is both a Promoter and Director of the company. He purchased 3,200 shares at ₹21.25 each, for a total transaction value of ₹68,000.
The second buyer is Harpreet Singh, who serves as the CEO and COO of the company. He purchased 1,600 shares at ₹21.25 each, for a total transaction value of ₹34,000.
Between the two of them, 4,800 shares changed hands on November 9, 2026, with a combined value of ₹1,02,000.
Transaction Details at a Glance
| Acquirer | Category | Shares | Price (₹) | Value (₹) |
|---|---|---|---|---|
| Harvinderjit Singh Bhatia | Promoter and Director | 3,200 | 21.25 | 68,000 |
| Harpreet Singh | CEO and COO | 1,600 | 21.25 | 34,000 |
| Total | — | 4,800 | 21.25 | 1,02,000 |
What the Filing Says About Thresholds
The company has stated that the aggregate traded value of these transactions does not exceed the threshold prescribed under Regulation 7(2)(a) of the SEBI Prohibition of Insider Trading Regulations, 2015. The disclosure requirements under that regulation are therefore not applicable.
Similarly, the change in shareholding resulting from these acquisitions is significantly below the threshold prescribed under Regulation 29(2) of the SEBI Substantial Acquisition of Shares and Takeovers Regulations, 2011. That regulation is therefore also not applicable here.
The company has also confirmed that these transactions do not constitute a material event under Regulation 30 read with Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, as they do not result in any change in control, management, or material shareholding pattern of the company.
A Voluntary Disclosure
Despite these transactions falling below the regulatory thresholds that would otherwise trigger mandatory disclosures, Radiowalla Network has chosen to inform the stock exchange voluntarily. The company stated it is doing so in the interest of transparency and good corporate governance.
Radiowalla Network Limited is formerly known as Radiowalla Network Private Limited. It is registered in Vasanthnagar, Bangalore, and is listed on the National Stock Exchange of India.