Ester Industries Limited — Insider Trade, 02-05-2025: Insider/ Institutional Trade

MOVI Limited and Persons Acting in Concert (Arvind Singhania, Uma Devi Singhania, Ayush Vardhan Singhania, Jai Vardhan Singhania, Fenton Investments Private Limited, Modi Rubber Limited, and Wilemina Finance Corp) acquired 25,31,645 equity shares of Ester Industries Limited through conversion of fully convertible warrants. This increased their combined holding from 62.41% to 62.73% of the total share capital, strengthening promoter group control. The allotment followed on April 30, 2025.