Springform Technology Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Springform Technology's Promoter and Promoter Group acquired 75.11 lakh convertible warrants via preferential allotment. This boosts their collective holding, including existing shares, to 75.46 lakh units, representing 74.71% of the total diluted share capital. The warrants convert into equity shares priced at ₹10 each, amounting to ₹10.05 crore. This capital infusion increases the company's equity share capital from ₹5.00 lakh to ₹10.10 crore, reflecting stronger promoter commitment and supporting business expansion.