ALPHA TRIBE

Agribio Spirits LtdInsider Trade, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Hemant Sarvaiya has acquired 3.6 lakh equity shares of Agribio Spirits Limited through conversion of warrants, increasing his holding to 3.31% in the company. Along with shares held by parties acting in concert, their combined stake now totals 5.38%. The total equity capital of Agribio Spirits stands at Rs. 108.84 million across 1.09 crore shares of Rs. 10 each. The shares allotted via warrant conversion have not yet been credited to the acquirer's demat account. This acquisition increases the promoter-related holdings and signals confidence in the company's prospects.

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