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I-Power Solutions India LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Murali Krishna Ponnapvilula, a non-promoter shareholder of I Power Solutions India Limited, has disclosed that their holding of 5,00,000 shares, representing 8.48% of the company, remains unchanged. This follows a Preferential Allotment by the company which increased its total equity share capital from Rs. 4.45 Cr to Rs. 5.90 Cr. This capital raise boosts the company's equity base, implying new funds for operations or growth. While the shareholder's absolute stake remained constant, the company's overall share capital expanded.

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