Jhaveri Credits & Capital Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

Bhumit Vinodbhai Patel, a member of the Promoter Group for Jhaveri Credits and Capital Limited, has increased their stake by acquiring 42,166 equity shares. This acquisition, representing 0.38% of the company, was facilitated through an allotment as part of a Scheme of Amalgamation. The company's total equity share capital consequently rose from Rs. 9.49 Cr, comprising 94.86 lakh shares, to Rs. 11.10 Cr, consisting of 1.11 Cr shares. This development signifies a notable adjustment in the company's ownership structure and capital base following the merger, directly impacting existing shareholders.