U. H. Zaveri Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Vivid Mercantile Limited has increased its stake in U. H. Zaveri Limited by acquiring 49,40,000 equity shares through a rights issue. This acquisition boosts Vivid Mercantile's holding from 7,51,431 shares (7.37%) to a total of 56,91,431 shares, representing an 18.61% stake in U. H. Zaveri Limited. The target company's equity share capital also expanded from ₹10.19 Cr to ₹30.58 Cr following the rights issue, signaling significant capital expansion. This move strengthens Vivid Mercantile's presence in U. H. Zaveri Limited.