KMP and Promoter Group member buys shares on market, holding rises to 1.14%
Srinidhi Inani (KMP & Promoter Group) bought shares on market.
By ScoutQuest · · 1 min read
- Insider Name
- Srinidhi Inani (KMP & Promoter Group)
- Shares Bought
- 10,000 then 5,000 equity shares
- Holding Before
- 74,488 shares (0.95%)
- Holding After
- 89,488 shares (1.14%)
- Regulation
- SEBI (Prohibition of Insider Trading) Regulations, 2015 Form C
What was shared
The company informed BSE that it received an intimation in Form C from Srinidhi Inani, categorised as KMP and Promoter Group, under Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.
The transactions
- Holding before: 74,488 equity shares, 0.95%
- Acquired 10,000 equity shares by way of Buy on market
- Holding after: 84,488 equity shares, 1.08%
- Acquired a further 5,000 equity shares by way of Buy on market
- Holding after: 89,488 equity shares, 1.14%
- Mode: on market, executed on BSE
How to read it
Form C is a continual disclosure that insiders must make when their shareholding changes beyond the prescribed limits. It records buying or selling by promoters, directors and key managerial personnel, so that the market can see insider activity.
Here the movement is an acquisition, which increases the insider's stake in the company. It is a disclosure about one individual's holding and does not by itself change the company's business, operations or financials.
More numbers
- Shares held before acquisition74488
- Holding % before acquisition0.95%
- First acquisition10000
- Shares held after first acquisition84488
- Holding % after first acquisition1.08%
- Second acquisition5000
- Shares held after second acquisition89488
- Holding % after second acquisition1.14%
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