Pankaj Polymers Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST
01-01-1970 · 12:00 am
Rahul Nagar and his associates have acquired an additional 10.45 lakh shares, representing 18.86% of Pankaj Polymers Limited, through an off-market Share Purchase Agreement. This transaction increases their combined holding to 17.03 lakh shares, or 30.72% of the company's equity. This move is part of a larger plan where Rahul Nagar and his group aim to acquire 58.15% of the company to take control and become the new promoters. The total equity share capital of Pankaj Polymers is 5.54 Cr, divided into 55.44 lakh shares. This significant acquisition signals an impending change in the company's leadership and ownership.
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