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Storage Technologies and Automation LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Hanif Abdul Gaffar Khatri, Promoter and Chairman of Storage Technologies and Automation Limited, has disclosed an increase in his shareholding through open market purchases. He acquired 16,800 equity shares, raising his stake from 36.44% to 36.57% of the total paid-up share capital. This move strengthens promoter commitment and indicates confidence in the company's future prospects. Such acquisitions by key insiders are often viewed positively by retail investors, as they align management interests with those of shareholders.

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