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

Transwarranty Finance Limited, an existing shareholder in Vertex Securities Limited, experienced a reduction in its voting power. This change occurred because Transwarranty renounced its Rights Entitlements during a Rights Issue by Vertex Securities Limited. As a result, Transwarranty's voting power decreased from 53.04% to 42.43%. While the number of shares held by Transwarranty remains constant at 3,92,53,950, this renunciation means its proportional influence and stake in Vertex Securities Limited have been diluted, impacting its control.