Intec Capital Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Sanjeev Goel, a promoter of Intec Capital Limited, will acquire 22.53 lakh shares, representing 12.27% of the company, from India Business Excellence Fund-IIA at Rs. 11 per share. This transaction, valued at approximately 2.48 Cr, sees the fund exiting a portion of its holding while Goel significantly increases his stake. Post-acquisition, Goel's total holding will rise from 6.78% to 19.04%. This acquisition qualifies for an exemption from a public open offer, reflecting a promoter's increased commitment to the company.