Shantai Industries Ltd — Insider Trading, 01-01-1970: Insider Trading / SAST

The promoter group of Shantai Industries Limited, led by Vasudev Fatandas Sawlani, has fully divested its entire shareholding in the company. A significant 55,80,000 equity shares, equating to 74.40% of Shantai Industries Limited's total voting capital, were sold via an off-market transaction. This pivotal event means the promoter group's ownership has shifted from 74.40% to 0.00%, marking a complete exit and a fundamental change in the company's ownership and control structure. This development is crucial for all investors and stakeholders.