Simran Farms Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Simran Farms' Promoter and Promoter Group have increased their stake by converting 6.18 lakh warrants into fully paid-up equity shares. They were allotted 618,300 new shares, with the remaining consideration of Rs 7.18 crore paid for the conversion. This move boosts the Promoter Group's shareholding from 37.32% to 42.27%. Consequently, the company's total equity share capital has increased from Rs 3.79 crore to Rs 4.81 crore. This demonstrates strengthened promoter commitment and control, while also expanding the company's equity base.