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Stake Sale Speculation Falls Flat As Red Tape Clarifies

Swarnadwip Nath Published Jan 13, 2026, 10:57 PM Updated Sep 18, 2026, 06:50 AM

Red Tape Limited has issued a clarification to the Bombay Stock Exchange (BSE) regarding recent media reports suggesting that its founders are exploring a stake sale. The company stated that while it regularly evaluates strategic opportunities, no event has occurred that requires disclosure under SEBI regulations at this stage.