Shri Gang Industries & Allied Products Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Express Infra Financial Consultancy Private Limited, part of the promoter group of Shri Gang Industries and Allied Products Limited, has acquired 2.50 lakh equity shares in the company. This acquisition resulted from the conversion of an equivalent number of Compulsorily Convertible Preference Shares (CCPS). Consequently, the company's equity share capital increased from Rs. 19.73 crore to Rs. 19.98 crore. The acquirer's direct voting rights now stand at 4.75%, contributing to an overall promoter and PAC holding of 40.21% post-acquisition, reflecting an increased stake by the promoter group.