Paul Merchants Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST
01-01-1970 | 12:00 am
01-01-1970 | 12:00 am
Paul Excursions LLP has acquired 3.07 lakh equity shares, representing 9.96% of Paul Merchants Limited, from Paul Excursions Private Limited. This transaction is a share transfer at a nil price, resulting from the conversion of the private limited company into an LLP. It falls under an exemption, meaning no open offer was required. This is an internal group restructuring that does not alter the overall promoter shareholding, which remains at 74.65%, ensuring stable control for investors.
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