Vertex Securities Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Vertex Securities Limited's promoter, Kumar Nair, saw his voting power in the company reduce from 19.16% to 15.32%. This change occurred following the recent Rights Issue, where Nair renounced his entitlement to new shares. As a result of the Rights Issue, the company's total equity share capital expanded from Rs. 14,80,24,378 to Rs. 18,50,30,473. This dilution in promoter holding is a direct consequence of the capital expansion and Nair's decision not to fully participate, impacting the overall ownership structure.