Gujarat Terce Laboratories Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Gujarat Terce Laboratories' Promoter and Managing Director, Aalap Natubhai Prajapati, has increased his stake in the company. He acquired 3,71,000 equity shares by converting warrants previously allotted on a preferential basis. This boosts his total holding to 13,51,827 shares, representing 17.35% of the company, up from 13.22%. This acquisition complies with specific regulations, exempting him from making an open offer. This move signals increased promoter confidence and ownership.