ALPHA TRIBE

Ampvolts LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Ampvolts Limited's promoter, AV AC DC Renew Private Limited, has pledged an additional 27.50 lakh equity shares to SBICAP Securities Limited. This move secures working capital for Ampvolts Limited. The newly pledged shares constitute 19.36% of the promoter's total holding of 1.42 crore shares. Following this transaction, the promoter's total encumbered shares now sum to 99.18 lakh, which represents 38.57% of the company's total share capital. This highlights the promoter's leverage to support business operations.

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