New Delhi, Feb. 6 -- Indiabulls Enterprises share price declined on Thursday after a major shareholder sold a significant stake in the company. The small-cap penny stock fell as much as 1.38% to Rs.20.70 apiece on the BSE.

Zwina Infrastructure has sold 1.5 crore equity shares of Indiabulls Enterprises, representing 7.56% stake in the company.

In a stock exchange filing, Zwina Infrastructure announced about the decrease in its shareholding in Indiabulls Enterprises, pursuant to the sale of an aggregate 1,50,00,000 fully paid-up equity shares of the company on February 3, 2025.

Zwina Infrastructure is a promoter group entity of Indiabulls Enterprises, and held 5,67,25,150 equity shares, aggregating to 28.60% stake in the company as of De...