Innovassynth Investments Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Innovassynth Investments Limited has issued 4,68,05,250 new equity shares to its promoter group. This issuance occurred as part of a merger by absorption with Innovassynth Technologies (India) Limited, a scheme approved by the NCLT. The transaction significantly increased the promoter group's total shareholding to 73.70% of the company's capital, up from 31.46% before the merger. This acquisition was exempt from requiring a public open offer, consolidating promoter control over the company.