ALPHA TRIBE

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

01-01-1970 | 12:00 am

Vidarbha Tradelinks Private Limited has acquired 1,25,000 equity shares, representing a 16.84% stake, in Bajaj Global Limited. This significant inter-se transfer occurred without monetary consideration, as part of a National Company Law Tribunal (NCLT)-approved Scheme of Arrangement. Under this scheme, Bajaj Exports Private Limited transferred its entire 16.84% shareholding in Bajaj Global Limited to Vidarbha Tradelinks Private Limited. This strategic move impacts Bajaj Global Limited's ownership structure, which has a total equity share capital of 0.7425 Crore. It streamlines group shareholding and consolidates the stake, signifying internal corporate restructuring for better operational clarity.

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