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

Azad India Mobility Limited’s shareholding has changed following a preferential allotment. Manashavee Nimesh Joshi and Persons Acting in Concert, including Nimesh S Joshi, Rashmi Nimesh Joshi, and Dhruvil Nimesh Joshi, collectively increased their stake to 24.09% of equity shares, up from the previous holding. The equity share capital rose from Rs. 35.18 Cr to Rs. 40.49 Cr post-allotment, with the total diluted share capital reaching Rs. 54.44 Cr. This move strengthens promoter-related holdings and impacts the company’s share structure, potentially influencing control and strategic decisions.