Ramchandra Leasing & Finance Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Akhil Mittal, a promoter of Ramchandra Leasing and Finance Limited, has increased his stake in the company. Through an inter-se transfer as per a share purchase agreement, Mittal acquired 4,89,500 equity shares. This acquisition boosted his total holding from 24.52% to 25.13% of the company's total equity share capital, which stands at 8,11,62,000 shares. This move signifies a promoter increasing their ownership, often viewed positively as it aligns their interests more closely with the company's long-term performance.