Promoter group entity buys 16,227 shares on market over three days, stake up to 13.62%
6,427 shares for Rs. 2,83,333.6523/-.
- Shares purchased (transaction 1)
- 6,427 shares for Rs. 2,83,333.6523/-
- Shares purchased (transaction 2)
- 5,000 shares for Rs. 2,20,000/-
- Shares purchased (transaction 3)
- 4,800 shares for Rs. 2,14,800/-
- Total shares purchased
- 16,227 shares
- Promoter group holding
- 10,87,573 shares (13.62%)
What was shared
The company forwarded to BSE a Form C disclosure received from US Infotech Private Limited, an entity belonging to the Promoter Group, reporting purchases of equity shares.
The purchases
- 6,427 shares for Rs. 2,83,333.6523/-, taking holding from 10,71,346 shares (13.42%) to 10,77,773 shares (13.50%)
- 5,000 shares for Rs. 2,20,000/-, taking holding to 10,82,773 shares (13.56%)
- 4,800 shares for Rs. 2,14,800/-, taking holding to 10,87,573 shares (13.62%)
How they were done
All three were on-market transactions executed on BSE, made under a pre-clearance order received from the company. Transaction values exclude taxes, brokerage and other charges. No derivative trading was reported.
Why it matters
This is a routine continual disclosure required when promoters, promoter group members, directors or designated persons cross the prescribed trading threshold. Buying by a promoter group entity increases total promoter group ownership, which some investors read as insiders adding to their stake. Total shares added over the three days come to 16,227 shares, a small change relative to the company's overall share capital.
Also from Sumedha Fiscal Services
Sumedha Fiscal Services Ltd promoter buys 0.20% stake, holding rises to 13.62%
1 Oct 2026
More numbers
- Shares purchased on 28-09-20266,427
- Value of 6,427 share purchaseRs. 2,83,333.6523/-
- Shares purchased on 29-09-20265,000
- Value of 5,000 share purchaseRs. 2,20,000/-
- Shares purchased on 30-09-20264,800
- Value of 4,800 share purchaseRs. 2,14,800/-
- Holding before purchases10,71,346
- Holding % before purchases13.42%
- Holding after all purchases10,87,573
- Holding % after all purchases13.62%
- Total shares added over three days16,227 shares
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