ALPHA TRIBE

Geekay Wires LimitedImportant, 25-08-2025: Disclosure of material issue

25-08-2025 | 03:50 pm

GEEKAY WIRES: An immediate relative of a Director and promoter group, Ashish Kandoi HUF, recently acquired 4,000 equity shares via market purchase at ₹41.50 per share, totaling ₹1.66 Lakh.

**Issue**: This transaction marks an insider acquisition of the company's shares. Ashish Kandoi HUF now holds 1.61% of the total share capital after this purchase.

**Possible Impact**: Insider buying, especially from the promoter group, is often viewed by investors as a strong signal of confidence in the company's future prospects and valuation. It suggests that those closest to the company believe its shares are a good investment.

**Company's Response**: Geekay Wires has fulfilled its disclosure obligations by informing the exchange about this material event.

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