Universal Autofoundry Ltd — Insider Trade, 01-01-1970: Insider Trading / SAST

Ashish Kacholia, along with Himalaya Finance & Investment Company, has sold 5,93,272 shares of Universal Autofoundry Limited through open market transactions, reducing his stake from 7.14% to 2.37% of the company’s paid-up equity capital. The total equity share capital remains unchanged at 1,24,34,500 shares of Rs. 10 each. This significant reduction in holding could impact share liquidity and signals a considerable exit by a substantial non-promoter investor, potentially influencing market perception and share price dynamics.