ALPHA TRIBE

Parnax Lab LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Parnax Lab Limited's promoter, Mihir Prakash Shah, is set to acquire 3,77,355 equity shares, representing 3.29% of the company's total capital, from fellow promoter Baiju Mahasukhlal Shah. This transaction is an internal share transfer via gift within the promoter group. Importantly, this re-arrangement will not alter the total ownership percentage of the Promoter and Promoter Group. Mihir Prakash Shah's individual holding will increase from 9.94% to 13.22%, while Baiju Mahasukhlal Shah's will adjust from 11.57% to 8.29%, maintaining overall promoter commitment.

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