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Ganga Pharmaceuticals LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Plutus Capital Management LLP has converted its convertible warrants into 3,75,000 equity shares of Ganga Pharmaceuticals Ltd, acquiring a 7.75% stake in the company. This acquisition, not made by a promoter group entity, increased Ganga Pharmaceuticals' total equity capital from Rs. 4.84 Cr to Rs. 5.91 Cr. This event signifies a new substantial investor's increased ownership and expands the company's outstanding share capital, altering the overall shareholding structure and potentially impacting investor perception.

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