Som Datt Finance Corporation Ltd — Insider Trade, 01-01-1970: Insider Trading / SAST

Som Datt Finance Corporation has updated on its recent Rights Issue, detailing the allotment of new equity shares. Promoters Dr. Bhaskara Rao Bollineni and Mr. Bhavanam Ruthvik Reddy, along with Key Managerial Personnel Mr. Subba Rao Veeravenkata Meka, have acquired additional shares. Dr. Bollineni received 5,264,769 shares, Mr. Reddy 550,217 shares, and Mr. Meka 1,130 shares. This transaction significantly increases the combined shareholding of the promoter and KMP group from 69.36% to 74.98%. This indicates strengthened commitment and confidence from the leadership, which is often viewed positively by investors.