ALPHA TRIBE

SDC Techmedia LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

SDC Techmedia's promoter, Fayaz Usman Faheed, has pledged an additional 3.9 Cr equity shares to Martin Happy Home Private Limited. This pledge increases his total encumbered holding to 48.61 lakh shares, representing 74.87% of the company's total share capital, effectively encumbering 100% of his stake. This new pledge serves as additional collateral for a Rs. 35 Cr loan. The loan is designated for the company's operational expansion, specifically for purchasing and installing Sony 4K Digital Cinema Projection Systems.

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