Davin Sons Retail Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST
01-01-1970 | 12:00 am
01-01-1970 | 12:00 am
Davin Sons Retail Limited's promoters, Mohit Arora and Nohit Arora, along with other promoter group members, acquired 11.50 lakh warrants via a preferential allotment. Each warrant is convertible into an equity share, signaling increased promoter confidence and potential future stake. This allotment, combined with 13.50 lakh new equity shares issued to non-promoters, expands the company's total diluted share capital from 5.26 Cr to 7.76 Cr. This reflects a significant capital base expansion, impacting future shareholding structure.
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