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

Storage Technologies and Automation Limited's Promoter and Director, Hanif Abdul Gaffar Khatri, has increased his ownership in the company. He acquired a total of 16,800 shares through open market purchases. This transaction raises his overall stake to 4,713,600 shares, now representing 36.7% of the company's total paid-up share capital, up from 36.57%. Such an increase in holding by an insider is often viewed as a positive sign, indicating strong confidence in the company's future. The company clarified that this acquisition occurred when no undisclosed price sensitive information was available.