ALPHA TRIBE

ASI Industries LtdInsider Trade, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

ASI Industries has announced a board meeting to consider the financial results for the quarter and half-year. A significant shareholding restructuring took place due to the dissolution and full partition of Deepak Jatia (HUF). As a result, 27,502,779 equity shares (30.53%) were transferred off-market from Deepak Jatia (HUF) to Mr. Deepak Jatia and nominal shareholding to three other members. Post-transfer, the combined promoter group holding rose from 15.01% to 45.53%, with Mr. Deepak Jatia’s stake increasing to 34.98%. This consolidation enhances promoter control and may influence future strategic decisions.

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