ALPHA TRIBE

Arunis Abode LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Arunis Abode Limited disclosed a change in promoter shareholding following a rights issue. The company allotted 4.80 crore new equity shares, expanding its total equity capital from Rs. 3 Cr to Rs. 51 Cr. Promoter Dharmendrabhai Becharbhai Jasani acquired 83.33 lakh shares through this issue. Consequently, the promoter and promoter group's combined stake in the company stands at 20.48%, a decrease from their previous 70.37% holding. This reflects the dilution caused by the significant increase in total outstanding shares.

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