ALPHA TRIBE

LKP Finance LtdInsider Trade, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Hindon Mercantile Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company also disclosed the acquisition of 10,26,950 equity shares in LKP Finance Limited, representing 8.17% of its paid-up capital, under a Share Purchase Agreement. Post-acquisition, Hindon Mercantile’s holding in LKP Finance has increased to 59.43%, making it a controlling promoter. This significant stake rise positions Hindon Mercantile as the key decision-maker in LKP Finance, impacting strategic direction and shareholder value.

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