Sayaji Industries Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST
01-01-1970 | 12:00 am
01-01-1970 | 12:00 am
Viva Tex-Chem Private Limited announced an internal transfer of 13.15 lakh equity shares of Sayaji Industries Limited. This change resulted from Viva Tex-Chem's merger with its wholly-owned subsidiaries, Priyam Commercial Enterprises Private Limited (holding 8.56 lakh shares) and Bini Commercial Enterprises Private Limited (holding 4.59 lakh shares). The merger scheme received necessary approvals and was formalized by Viva Tex-Chem's board. This signifies a restructuring of shareholdings within a promoter group, clarifying the beneficial ownership structure of Sayaji Industries without involving a market transaction.
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