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Shri Niwas Leasing And Finance LtdInsider Trade, 01-01-1970: Insider Trading / SAST

01-01-1970 · 12:00 am

Genesis Developers and Holdings Limited has announced a board meeting regarding the acquisition of 91,66,300 equity shares of Shri Niwas Leasing and Finance Limited, raising its stake from 2,33,700 shares (5.85%) to 96,33,700 shares (21.91%). The acquisition was executed through an inter-se transfer on April 9, 2025. This strategic move significantly enhances Genesis's control over the target company, potentially increasing its influence and operational capacity. Investors may see this as a positive outlook, suggesting greater confidence in future growth opportunities as the company consolidates its position in the market.

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