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

Sai Business and Consultancy Systems Private Limited, a promoter of Sai Capital Limited, has issued a revised update regarding the release of a pledge on 3,36,900 Equity Shares of Sai Capital. This represents 11.70% of the target company's share capital. The shares were released from pledge because the company's loan obligations to M/s. Worldwide Holdings Limited have been satisfied and discharged. This development is positive for shareholders, as it signifies reduced leverage for the promoter and increases the pool of unencumbered shares.