Telogica Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST
01-01-1970 | 12:00 am
01-01-1970 | 12:00 am
Telogica Limited's promoter, Mr. Srinivasa Rao Mandava, has converted 9,00,000 warrants into equity shares. This action increased his direct voting shares, yet his overall percentage of total voting rights in the company decreased from 24.25% to 19.00%. This is because the company's total equity share capital expanded from Rs. 16.89 Cr (3.38 Cr shares) to Rs. 23.92 Cr (4.78 Cr shares), reflecting not only the promoter's conversion but also other equity allotments. This event impacts the company's capital structure and existing shareholder percentages.
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