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

A promoter group shareholder, Modi Asset Management Private Limited, has reduced its stake in National General Industries Limited through an off-market sale of 270,000 equity shares. This transaction represents 4.88% of the total equity share capital and 6.02% of the voting share capital. Consequently, their holding in the company decreased from 9.04% to 4.16% of total equity share capital, and from 11.15% to 5.13% of voting share capital. National General Industries' total equity share capital remains Rs. 5.53 Cr. This significant reduction in promoter holding is an important development for shareholders.