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Sabar Flex India LimitedImportant, 24-02-2025: Updates

24-02-2025 | 03:43 pm

Hikmatbahadur Krishabahadur Kunwar, a promoter of Sabar Flex India Limited, has disclosed an acquisition of 5,90,000 shares, representing a 3.42% stake in the company. Following this transaction, his total holding in the company is now 31,22,388 shares, or 18.10% of the total diluted voting capital. Prior to the acquisition, he held 37,12,388 shares, accounting for 21.52% of the voting rights. The shares were acquired through the open market, and the transaction occurred on February 20, 2025. This change in ownership may influence market sentiment as it reflects the promoter's confidence in the company, indicating a potential positive outlook for Sabar Flex. Investors should monitor any subsequent developments closely.

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