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Promoter entity hikes stake in Simplex Infra to 55.52%

RBS Credit and Financial Development had 55.37% stake in Simplex Infrastructure before the transaction

Press Trust of India New Delhi
Simplex Infrastructure today said one of its promoter group firms, RBS Credit and Financial Development, has acquired additional 0.15% stake in the firm, raising it 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.

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.

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First Published: Sep 06 2013 | 7:46 PM IST

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