ALPHA TRIBE

LKP Finance LtdInsider Trade, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Hindon Mercantile Limited has increased its stake in LKP Finance Limited by acquiring 1,22,413 equity shares, raising its holding to 61.08% of the company’s paid-up equity capital. This acquisition was made through a Share Purchase Agreement and adds 0.97% to the promoter group's existing stake. The total paid-up equity capital of LKP Finance remains Rs. 12.57 Cr, divided into 1.26 crore shares with a face value of Rs. 10 each. This increased promoter holding strengthens Hindon Mercantile's control over LKP Finance, which could influence strategic decisions and shareholder value.

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