ALPHA TRIBE

NIBE LimitedInsider Trade, 29-04-2025: Insider/ Institutional Trade

29-04-2025 | 03:34 pm

Nibe Limited reported an insider trading activity involving the allotment of 2,04,705 convertible warrants to Nibe Ganesh Ramesh, a promoter of the company. This transaction, through a preferential allotment, increases the promoter's holding, enhancing their influence over the company's operations. Post-allotment, the aggregate shareholding of the promoter group stands at 77,92,986 shares, representing approximately 53.74% of the total voting capital. This uptick in promoter holdings may signal confidence in the company, potentially impacting investor sentiment positively.

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