ALPHA TRIBE

Active Clothing Co LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

The promoter group of Active Clothing Co Ltd, including Rajesh Mehra, Renu Mehra, and Kalika Mehra, has acquired 1,000,000 fully convertible warrants. These warrants, issued through a preferential allotment, are convertible into equity shares within 18 months. Upon conversion, this transaction will result in the promoter group holding 70.88% of the company's fully diluted capital. This move significantly impacts the ownership structure by strengthening the promoter's stake in the company.

No comments yet. Be the first to comment!

All announcements from Active Clothing Co Ltd