Ecos (India) Mobility & Hospitality Limited — Important, 02-04-2025: Updates

Rajesh Loomba and Aditya Loomba, promoters of Ecos (India) Mobility & Hospitality Limited, have made acquisitions of company shares in the open market. Rajesh Loomba acquired 12,850 shares, and Aditya Loomba acquired a similar amount, increasing their total stake to approximately 40,675,686 shares, now representing 67.79% of the total voting capital. This acquisition reflects a minor increase in their overall holdings from 67.75% prior to the transaction. The total share capital of the company remains Rs. 12 Crore, divided into 60 million equity shares at a face value of Rs. 2 each. This backed-up support from the promoters may signal confidence in the company's current trajectory. Investors should watch closely for any further developments, as increased promoter holdings could indicate a strong belief in the company's future performance.