Relic Technologies Ltd — Insider Trade, 01-01-1970: Insider Trading / SAST

Viraj Chandrakant Gandhi has acquired 6,00,000 shares of Relic Technologies Limited through a preferential allotment, representing 11.65% of the total voting capital. Post-acquisition, his total holding stands at 11.65%, alongside a total diluted share capital of ₹5.59 crore. This strategic move reflects Gandhi's confidence in Relic’s future growth potential. The increase in share capital from ₹3.60 crore to ₹5.15 crore introduces additional liquidity and may enhance investor interest. Overall, this acquisition could signal a positive outlook for shareholders, potentially attracting new investors while strengthening existing confidence in the company's trajectory.