Octaware Technologies Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Shahnawaz Aijazuddin Shaikh, a non-promoter shareholder of Octaware Technologies Limited, has sold 1,76,000 equity shares via an off-market transaction. This sale accounts for 4.90% of the company's total equity. Prior to this, Shaikh held 3,63,348 shares, representing a 10.12% stake. Following the transaction, his holding has decreased to 1,87,348 shares, or 5.22% of the company's equity. The company’s total equity share capital stands at Rs. 3.59 Cr, divided into 35,90,570 shares of Rs. 10 each. This significant stake reduction by a major non-promoter shareholder may be noted by investors.