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

Shreedhara Shetty, a significant non-promoter shareholder in Pharmaids Pharmaceuticals, has sold 8,85,000 equity shares, representing 2.51% of the company's total issued capital. This transaction occurred by tendering shares during the company's open offer process. Prior to the sale, Shetty held 17.04% (60,10,621 shares); his holding now stands at 14.53% (51,25,621 shares). The company's equity share capital remains unchanged at 35.27 Cr, comprising 3,52,67,812 shares. This marks a notable reduction in a key shareholder's stake, altering the ownership structure.