Royal India Corporation Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

The promoter group of Royal India Corporation Limited, led by Lata Manojkumar Punamiya, has increased its stake in the company. They acquired 5,85,514 equity shares through open market purchases. This transaction boosts the promoter group's total shareholding from 41.97% to 42.46%. Such an increase in promoter holding often signals confidence in the company's future prospects and solidifies their control.