ALPHA TRIBE

Lactose India LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

SST Private Family Trust, part of Lactose (India) Limited's promoter group, acquired 5,75,184 shares (4.57% stake) from Madhusha Lifecare Private Limited, another promoter entity, at Rs. 61.00 per share. This inter-se transfer, valued at approximately Rs 3.51 crore, increases the Trust's holding from 0.96% to 10.53%. This consolidates ownership within the promoter group. A clerical error in transferring shares to a trustee's demat account instead of the settlor's was clarified, confirming both accounts belong to the same Trust.

No comments yet. Be the first to comment!

All announcements from Lactose India Ltd