ALPHA TRIBE

Suyog Telematics LimitedInsider Trade, 25-04-2025: Insider/ Institutional Trade

25-04-2025 | 12:14 pm

Suyog Telematics Limited reported insider trading activity involving Shivshankar Lature, a Promoter and Managing Director, who acquired 35,088 equity shares through the conversion of warrants on a preferential basis. This transaction increases Lature's total shareholding to 49,44,374 shares, representing 44.27% of the total voting capital. The acquisition was undertaken at an issue price of ₹570 per share. The overall voting capital of the company increased from ₹11,13,23,640 to ₹11,16,74,520 post-transaction. This move could be viewed as a signal of confidence in the company's performance, potentially influencing investor sentiment positively.

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