CCL International Promoter Boosts Stake to 9.23% Through Market Purchase
Aishvarya Gupta, a promoter of CCL International Limited, has increased their stake in the company through a market purchase. The shareholding percentage rose from 6.985% to 9.23%, with an acquisition of 4,31,155 shares. This represents 2.246% of the total share capital. The company's total equity share capital is Rs. 19,19,26,000, consisting of 1,91,92,600 shares.
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CCL International Limited , a company listed on the Indian stock exchanges, has reported a significant change in its promoter shareholding. Aishvarya Gupta, a promoter of the company, has increased their stake through a recent market purchase.
Key Details of the Transaction
| Aspect | Before Transaction | After Transaction | Change |
|---|---|---|---|
| Shareholding Percentage | 6.985% | 9.23% | +2.246% |
| Number of Shares | 13,40,621 | 17,71,776 | +4,31,155 |
Transaction Specifics
- Shares Acquired: 4,31,155
- Voting Rights: The acquired shares carry voting rights
- Percentage of Total Share Capital: 2.246%
Company's Equity Structure
- Total Equity Share Capital: Rs. 19,19,26,000
- Total Number of Equity Shares: 1,91,92,600
This transaction represents a substantial acquisition of shares, as defined under the Securities and Exchange Board of India (SEBI) regulations for substantial acquisition of shares and takeovers.
The increase in promoter shareholding may be viewed as a positive sign by some investors, potentially indicating the promoter's confidence in the company's future prospects. However, it's important to note that share purchases by promoters can occur for various reasons, and investors should consider multiple factors when making investment decisions.
As per SEBI regulations, CCL International has duly disclosed this change in shareholding, maintaining transparency for all stakeholders. Investors and market participants may want to keep an eye on any further developments or changes in the company's shareholding pattern.
Historical Stock Returns for CCL International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.58% | +3.14% | +7.69% | +31.85% | +3.11% | +92.07% |
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