ALPHA TRIBE

Ventura Guaranty LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Hemant Majethia and Persons Acting in Concert have significantly increased their stake in Ventura Guaranty Limited by acquiring 5,18,376 equity shares. This allotment, accounting for 13.45% of the post-merger share capital, results from the merger of Kashmira Investment and Leasing with Ventura Guaranty, as sanctioned by NCLT. The Board allotted 6,58,745 new shares in total for the merger. Post-acquisition, their combined holding is 9,44,520 shares, raising their total stake to 24.51% of the expanded equity share capital, now Rs 3.85 Cr from Rs 3.19 Cr. This alters the company's ownership structure.

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