Dugar Housing Developments Ltd — Insider Trade, 01-01-1970: Insider Trading / SAST

Dugar Housing Developments Ltd. saw a key shareholding change as Vinoth Kumar Mohanadas and Suseela Kumarappan converted warrants into 27 lakh new equity shares via preferential allotment. This boosted the company's equity capital from Rs. 7 Cr to Rs. 9.7 Cr. Following this conversion, the acquirers now collectively hold 59 lakh shares, equating to 60.82% of the increased share capital. This move solidifies their majority stake and fully integrates their previously potential equity holding into the company's actual share structure, impacting overall shareholding dynamics.