ID Info Business Services Ltd — Insider Trade, 01-01-1970: Insider Trading / SAST

Minerva Ventures Fund has announced a board meeting on which it was allotted 31.5 lakh equity shares of Iconik Sports and Events Limited via a preferential issue, increasing its stake to 9.31%. This acquisition raised the company's total equity share capital from Rs. 19.65 Cr (1.97 crore shares) to Rs. 33.84 Cr (3.38 crore shares). This move signifies Minerva Ventures Fund's growing interest in Iconik, potentially impacting future shareholder dynamics and company control.