Oneclick Logistics India Limited — Important, 31-12-2024: Updates

Mahesh Liladhar Bhanushali and Rajan Shivram Mote, both promoters of Oneclick Logistics India Limited, have recently increased their ownership stakes in the company through open market transactions. Bhanushali's acquisition involved purchasing 4,58,400 shares, raising his stake from 31.85% to 19.13% of the total voting capital. This maneuver reflects a strategic move to consolidate their control over the company amidst ongoing developments.

Similarly, Mote acquired 4,58,400 shares, boosting his holdings from 31.91% to 19.19%. The total diluted share/voting capital of the company remains at 36,03,800 equity shares of Rs. 10 each, indicating a steady capital structure. The combined impact of these acquisitions is significant as it underscores the confidence of promoters in the company’s future outlook. Investors should monitor these developments closely, as increased promoter holdings often signal positive momentum and may enhance market sentiment towards the stock.