S. M. Gold Ltd — Insider Trade, 01-01-1970: Insider Trading / SAST

Veeram Vendors Private Limited has acquired 16,00,000 equity shares of S. M. Gold Limited through preferential allotment, increasing its stake by 12.09%. This brings the total equity share capital of S. M. Gold Limited to ₹13.24 Cr from ₹10.04 Cr, reflecting a capital infusion that could support the company's growth and operations. Veeram Vendors is not part of the promoter group, indicating this is an external strategic investment potentially enhancing shareholder value and company capitalization.