ALPHA TRIBE

Genesis Ibrc India LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

GENESIS IBRC INDIA LIMITED's promoter, PADMANABAN KRISHNAMOORTHY, will acquire 64,33,700 equity shares from MS. V VARALAKSHMI, another promoter and an immediate relative, via a gift transfer. This transaction represents 49.49% of the company's share capital. The transfer occurs within the existing promoter group and is structured to be exempt from an open offer. Importantly, the overall shareholding percentage of the Promoter and Promoter Group in the company will remain unchanged after this transfer, ensuring stable ownership.

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