Addictive Learning Technology Limited — Important, 27-03-2025: Updates
Pre-clearance applications for equity share trades have been submitted by Mr. Ramanuj Mukherjee, Promoter and Managing Director, and Mr. Sudeep Deb, from the Promoter Group of Addictive Learning Technology Limited. Mr. Mukherjee seeks to sell 6,500 shares from his current holding of 44,40,103 shares, while Mr. Deb plans to sell 6,500 shares out of his holding of 3,19,001 shares. Following these transactions, Mr. Mukherjee would hold 44,46,603 shares, and Mr. Deb would have 3,12,501 shares. Both Mr. Mukherjee and Mr. Deb intend to execute their trades within 7 trading days from the date of approval at the prevailing market price, which is currently INR 157.00 per equity share. These actions reflect a strategic approach as they navigate share disposals, indicating possible liquidity management. Shareholders may want to monitor how this could influence stock dynamics in the short term.
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