Swastika Investsmart Ltd — Insider Trade, 01-01-1970: Insider Trading / SAST

Devashish Nyati, a member of the promoter group of Swastika Investmart Limited, has increased his stake by acquiring 15 lakh equity shares through conversion of warrants on a preferential basis. This raised his total holding from 8.29% to 14.60% of the company’s equity capital, increasing the equity base from Rs 3.46 Cr to Rs 4.02 Cr. The allotment followed payment of the remaining 75% consideration on the warrants. This dilution and stake increase highlight promoter confidence and could influence ownership dynamics and future decision-making.