ALPHA TRIBE

Citi Port Financial Services LtdInsider Trade, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Godavari MSW Management Projects Pvt Ltd has announced a board meeting to consider operational updates. It has acquired an 18.50% stake in Goldenvalley Holdings Pvt Ltd, an existing promoter of Citi Port Financial Services Ltd, resulting in an indirect acquisition of 5.36% voting capital in Citi Port. This move strengthens Godavari MSW’s influence in the target company, potentially impacting future strategic decisions and shareholder value positively. The equity capital of Citi Port remains unchanged at Rs. 3.1 Cr with 31 lakh shares of Rs. 10 each.

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