GVP Infotech Limited — Important, 02-08-2025: Updates
02-08-2025 | 04:11 pm
02-08-2025 | 04:11 pm
GVP Infotech's promoter group, Linkstar Trust, plans to sell up to 0.4 Cr equity shares (2.17% stake) in the open market to meet an upcoming regulatory deadline. This strategic move aims to comply with minimum public shareholding norms. Post-sale, the public holding is expected to rise to 25.20% from the current 23.03% (implied from 76.97% promoter holding). The company, post-insolvency resolution, is actively managing its shareholding structure to ensure regulatory adherence and continued market presence. This follows previous sales of 0.32 Cr shares.
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