ALPHA TRIBE

Loyal Equipments LtdInsider Trade, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Alkesh Rameshchandra Patel, a promoter of Loyal Equipments Limited, has increased his shareholding through open market purchases, raising his stake from 69.97% to 70.11%. The total promoter group holding moved from 70.44% to 70.57%. This consolidation strengthens promoter control, potentially enhancing governance stability. The equity share capital remains unchanged at Rs. 10.79 Cr divided into 1.079 crore shares of Rs. 10 each, indicating no fresh issuance—just increased acquisition of existing shares by the promoter. This move signals promoter confidence in the company’s outlook.

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