 "Promoter entity hikes stake in Simplex Infra to 55.52%")
The Kolkata-based infrastructure firm, in a BSE filing said, RBS Credit and Financial Development has bought 75,000 shares, amounting to 0.15% stake in the company, on September 4.
RBS Credit and Financial Development had 2,73,92,233 shares or 55.37% stake in Simplex Infrastructure before the transaction.
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Post this transaction, RBS Credit and Financial Development has 2,74,67,233 shares or 55.52% stake in the firm.
As on June-end, promoters had 54.95% stake in Simplex Infrastructure. Shares of the company today closed at Rs 40.15, up 0.63% over the previous closing.