RIR Power Electronics Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Multitude Growth Funds Limited has increased its stake in RIR Power Electronics Limited. Through a preferential allotment, the fund converted 283,515 warrants, adjusted for bonus and stock split, into 2,835,150 new equity shares. This transaction significantly boosted Multitude Growth Funds' holding from 4.14% to 7.55% of RIR Power Electronics' total voting capital. Consequently, the target company's total equity share capital expanded from 76,737,250 to 79,572,400 shares, reflecting increased investment by the fund and a slight dilution for existing shareholders due to the new share issuance.