ALPHA TRIBE

National General Industries LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Pawan Kumar Modi, a promoter of National General Industries Limited, has increased his stake by acquiring 3,49,786 equity shares, representing 6.33% of the company. These shares were received as a gift from Smt. Sangeeta Modi and Smt. Shakuntala Modi, both immediate relatives, through an inter-se transfer within the promoter group. This transaction was carried out without any monetary consideration, consolidating Pawan Kumar Modi's total shareholding to 11.24%. This internal family transfer shifts ownership within the promoter group without impacting public shareholding or requiring an open offer.

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