Synthiko Foils Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Synthiko Foils' promoter group, including Umesh Kumar Sahay and Abhishek Narbaria, has significantly increased its stake by acquiring 76.21 lakh new equity shares. This preferential allotment, made via a share swap, boosts their combined holding from 52.29% to 55.78%. The company's total equity capital has expanded from Rs. 0.87 Cr to Rs. 14.48 Cr. This strategic move enhances promoter control and substantially increases the company's share base, impacting ownership structure.