Ador Multiproducts Ltd — Insider Trade, 01-01-1970: Insider Trading / SAST

The acquirers, led by Mr. Arvinder Singh Pasricha and others, have increased their stake in Ador Multiproducts Limited to 55.16% through preferential allotment, acquiring 48.87 lakh shares at an issue price of INR 31.41 each. This follows their previous holding of 8.26% before the issuance. The expanded share capital post-issue stands at approximately INR 9.56 Cr, divided into 95.61 lakh equity shares of INR 10 each. This significant majority stake strengthens their control, impacting future strategic and operational decisions beneficial to shareholders.