Lactose India Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST
01-01-1970 | 12:00 am
01-01-1970 | 12:00 am
SST PRIVATE FAMILY TRUST, part of the promoter group of Lactose (India) Limited, increased its stake by acquiring 5,75,184 shares from Madhusha Lifecare Private Limited, another promoter entity. This inter-se transfer, an exempted transaction, involved 4.57% of the company's diluted share capital at Rs. 61.00 per share. Following this, SST PRIVATE FAMILY TRUST's holding rose to 10.53%. The company clarified that a clerical error led to the shares being transferred to a different demat account, though still within the same Trust, confirming no external party was involved. This reflects an internal reorganization of promoter shareholding.
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