Page 2 - Promoter Stake

Amisha Vora increases stake four fold to 96% in Prabhudas Lilladher

Acquired stakes of partners Arun Sheth, Dhiren Sheth and Dilip Bhatt. Vora will now serve as chairperson and MD of PL Group

Ex-promoters can't hold stake in insolvent firms acquired by others: SC

Court agrees with tribunal orders in Bhushan Steel's acquisition by Tata group firm

True North acquires minority stake via own fund in Accion Group for $93 mn

Accion Labs is focused on digital transformation in global enterprises and tech firms. It has more than 4,800 employees globally, spread over 20 locations

Abrdn to offload 2% in HDFC Life in block trades, put 43 mn shares on block

Price range set at Rs 564.1-578.55 per share; sale could fetch UK-based financial major at least Rs 2,425.6 cr

Bata India dives after 2.8% promoter stake sale; stock down 8% in a week

On June 1, 2022, BATA (BN) B V, the promoter of Bata India, divested 3.6 million shares or 2.8 per cent stake of the footwear company for nearly Rs 613 crore through open market transactions.

Policybazaar tanks 10% as CEO Yashish Dahiya plans 3.77 mn share sale

Yashish Dahiya intends to offload partial stake via bulks deals on the exchanges. He currently holds 24.52 million shares in the company.

Promoters' loans, rising earnings help Adani cos to slash interest costs

Group plans to list infra SPVs to slash debt

Fino Payments Bank promoters vote against reappointing chairman, others

The resolution to reappoint Mahendra Kumar Chouhan and Punita Sinha was voted down by 80% of shareholders of Fino Payments Bank, which included 100% of the promoter group

Promoter pledging increases in Dec quarter amid a spike in volatility

The value of promoter pledged holdings stood at Rs 1.97 trillion, 0.81 per cent of the total market capitalisation of the BSE 500 index

Promoter stake in ADA group firms falls as lenders invoke pledged shares

Retail, lenders stuck with dud shares; promoter stake in Reliance Infra fell to 5% this September end from 48.4% in March 2018. Reliance Infra's stake in Reliance Power fell to 25% from 75%

Promoters looking to up stake in Vedanta Ltd by upto 4.57%

The promoter group companies have a purchase offer size of up to 4.57 percent of total shares outstanding as of Sep-30, 2021

Globus Spirits at new high as promoter, institutional investors buy stake

On Wednesday, August 12, promoter Ram Bagh Facility Services LLP bought an additional 162,000 shares, while Long Term Equity Fund purchased 175,000 shares of the company

Promoter share pledging declines for second straight quarter in Q1FY22

The value of promoter pledged holdings stood at Rs 1.7 trillion, 0.81% of total market cap of BSE 500 index

Wabco India hits 20% upper circuit on strong response to OFS

The promoter group intends to reduce its stake in WIL from 93.1 per cent to 75 per cent post the OFS

KPIT Technologies surges 12%, hits record high in a weak market

On March 10, Kishor Patil, the promoter of KPIT Technologies had sold 6.05 million equity shares, worth Rs 94 crore, of the company via block deals

Nilkamal hits over 2-year high as promoters increase stake via open market

The stock of plastic products company surpassed its previous high of Rs 1,985 touched on February 12, 2021

Deepak Fertilisers scales 30-month high as promoter hikes stake

Robust Marketing Services Private Limited, the promoter of the company, acquired 685,872 equity shares worth of Rs 13.16 crore through open market between February 25 and March 13.

Laurus Labs falls 5% as promoters sell 1.3% stake in company

Laurus Labs said the significant part of the above amount shall be utilized to release the pledge on their equity shares of the company

Dabur India shares decline 2% after block deals

A media report said Dabur promoter would sell 0.5 per cent equity stake to raise Rs 460 crore at Rs 509.65-520.05 per share

APL Apollo Tubes promoter sells company's shares worth Rs 289 crore

APL Infrastructure Pvt Ltd on Tuesday offloaded 30 lakh shares of APL Apollo Tubes worth a little over Rs 289 crore through an open market transaction