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

Pratika Sharma, a promoter of Ramchandra Leasing and Finance Limited, has increased their stake in the company. Through an inter-se transfer in line with a share purchase agreement, they acquired 2.35 lakh additional shares. This acquisition raises the promoter's total holding from 2.205 Cr shares (27.17%) to 2.229 Cr shares (27.46%) of the company's total equity capital, which is 8.1162 Cr shares. Such an increase by a promoter typically signals confidence in the company's operations and future prospects.