Paul Merchants Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST
01-01-1970 | 12:00 am
01-01-1970 | 12:00 am
Paul Merchants Limited promoter Sat Paul Bansal is acquiring 4,80,540 equity shares, representing 15.58% of the company's paid-up capital, from co-promoter Sarita Rani Bansal. This transaction occurs via a gift, meaning no cash consideration is involved. This inter-se transfer within the promoter family reshuffles holdings, increasing Sat Paul Bansal's group stake from 41.04% to 56.62%. The total promoter group shareholding remains unchanged. The transfer, valued at NIL against a recent volume-weighted average market price of Rs. 765.05 per share, is exempt from an open offer.
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