Azad India Mobility Ltd — Insider Trade, 01-01-1970: Insider Trading / SAST

Altitude Investment Fund PCC – Cell 1 has announced a board meeting on the preferential allotment of 25.5 lakh equity shares in Azad India Mobility Limited, representing a 6.30% stake post-allotment. This increases the Fund’s holding from zero to 6.30% of the company’s equity shares. The shares issued are fully equity shares with equal rights to existing shares, including dividend entitlement. The allotment raises Azad India Mobility’s paid-up equity from Rs. 351.76 Cr to Rs. 404.93 Cr, with total diluted capital reaching Rs. 544.43 Cr. This investment signals increased institutional interest and potential growth capitalization for Azad India Mobility.