ALPHA TRIBE

Shradha AI Technologies LtdInsider Trade, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Femina Infrastructures Private Limited has announced a board meeting. It has completed a merger with Zenith Commotrade Private Limited, both part of Shradha AI Technologies’ promoter group. Following the merger, Femina Infrastructures became the holder of shares previously owned by Zenith Commotrade, with 2,892,315 equity shares of Rs. 2 each allotted. The merger aims to reduce administrative costs, optimize resources, and enhance operational efficiency without altering the overall promoter shareholding or the company’s paid-up capital. The promoter group continues to control over 74% of shares post-merger, maintaining stable ownership and management continuity.

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