Ganga Pharmaceuticals Ltd — Insider Trade, 01-01-1970: Insider Trading / SAST

Plutus Capital Management LLP has acquired 375,000 equity shares of Ganga Pharmaceuticals Ltd, now holding a 7.75% stake in the company. This acquisition was part of a preferential allotment, resulting from the conversion of previously issued convertible warrants into equity shares. Consequently, Ganga Pharmaceuticals' total equity share capital has increased from Rs. 4.84 Cr to Rs. 5.91 Cr. This transaction introduces a new significant investor and alters the company's capital structure, potentially strengthening its financial base.