ALPHA TRIBE

Madhusudan Securities LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

An individual investor, Cheralathan, significantly increased their stake in MSL Global Limited by acquiring 15 lakh equity shares through the conversion of warrants via preferential allotment. Before this, Cheralathan held 1.15 lakh shares and warrants for the newly acquired shares. Following the acquisition, Cheralathan now holds 16.15 lakh shares, representing 7.54% of the company's total voting capital. This acquisition is part of a broader warrant conversion process, where the company allotted 68.57 lakh new equity shares to strategic investors, increasing the company's equity capital from Rs. 14.56 Cr to Rs. 21.42 Cr.

No comments yet. Be the first to comment!

All announcements from Madhusudan Securities Ltd