ALPHA TRIBE

Bajaj Global LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Vidharbha Tradelinks Private Limited (VTPL) has acquired 1,25,000 equity shares, representing 16.84% of Bajaj Global Limited's total share capital. This transfer occurred as part of an NCLT-approved Scheme of Arrangement involving Bajaj Exports Private Limited, Rohit Polytex Limited, and VTPL. Previously, these shares were held by Bajaj Exports Private Limited, which now holds no shares in Bajaj Global Limited. This transaction significantly changes the ownership structure of Bajaj Global Limited, as VTPL's stake increased from zero to 16.84% without any cash consideration, due to it being an inter-se transfer.

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