Business Standard

Shakti Pumps up 6% on stake hike by promoter

The stock up 6% to Rs 552 on the BSE in noon deal after Vintex Tools Private Limited, promoter of the company, bought 10,194 shares through open market today

Shakti Pumps up 6% on promoter stake buys
Premium

SI Reporter Mumbai
Shakti Pumps has moved higher by 6% to Rs 552 on the BSE in noon deal after the company announced that one its promoter bought more than 10,000 equity shares of the company through open market today.

On March 15, 2018, Vintex Tools Private Limited, promoter of the company, has acquired 10,194 shares or 0.05% stake in the company from open market, Shakti Pumps said in the regulatory filing.

Post transaction, Vintex Tools Private Limited holding in the company increased to 2.21% from 2.16% earlier, it added.

As of December 31, 2017, the total promoters holding in

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in