Dugar Housing Developments Ltd — Insider Trade, 01-01-1970: Insider Trading / SAST

Vinoth Kumar Mohanadas and Suseela Kumarappan have completed a preferential allotment acquiring a combined 84.28% equity stake in Dugar Housing Developments Ltd, increasing the total equity share capital from Rs. 3 Cr (3 lakh shares) to Rs. 7 Cr (70 lakh shares). Post-acquisition, their effective voting rights stand at 60.82% on a diluted basis. This significant stake increase gives them substantial control over the company’s strategic direction, highlighting a major shift in ownership structure relevant for shareholders.