ALPHA TRIBE

Cian Healthcare LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Pradeep Kumar Jain, along with Persons Acting in Concert (PACs) Rajesh Jain and Anania Medicare Limited, has acquired a substantial stake in Cian Healthcare. Jain personally acquired 0.475 Cr equity shares for INR 4.75 Cr through an allotment. This acquisition is part of a resolution plan approved by the National Company Law Tribunal, where Pradeep Kumar Jain was the successful resolution applicant. Post-transaction, Jain and the PACs collectively hold 2.375 Cr shares, representing 95% of the company's total share capital. This signifies a major change in the company's ownership structure following a corporate resolution.

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