Oneclick Logistics India Limited — Important, 18-12-2024: Updates

Promoters of Oneclick Logistics India Limited, Mahesh Liladhar Bhanushali and Rajan Shivram Mote, have recently increased their stakes through acquisitions in the open market. Bhanushali acquired an additional 2,16,000 shares, raising his holding to 9,31,695 shares, which constitutes 25.85% of the total voting capital. Similarly, Mote bought 2,16,000 shares, increasing his holding to 9,34,070 shares, representing 25.92%.

The additions were executed in multiple transactions from late November to mid-December 2024, indicating a strategic move by the promoters to consolidate their positions. With a total equity share capital of 36,03,800 shares post-acquisition, the increased promoter shareholding could inspire investor confidence and suggests a positive outlook for the company moving forward. Investors should closely monitor these developments as they may influence future corporate strategies and performance.