GVP Infotech Limited — Important, 21-12-2024: Updates

Dhaval Jitendrakumar Mistry, representing Linkstar Trust, has reported the disposal of 19,95,860 equity shares of GVP Infotech Limited, which translates to approximately 1.23% of the total shareholding. This action was taken through the open market to comply with the minimum public shareholding requirements mandated by SEBI. Following this transaction, the promoter group's stake has decreased from 88.20% to 86.97%. The total equity share capital of GVP Infotech remains unchanged at Rs. 32.57 crore, reflecting a consistent base of 16,28,61,590 fully paid-up shares. Investors are advised to monitor this development closely, as changes in promoter shareholding can impact market sentiment and stock performance.