Purshottam Investofin Limited: Three Entities Reduce Stake by 5.50%
Manmal Marketing Limited, Dinman Marketing Limited, and Arstu Tradelinks Limited collectively sold 408,800 shares of Purshottam Investofin, reducing their combined stake from 12.11% to 6.61%. The total stake reduction amounts to 5.50%. These entities are not part of the promoter group. The company's total equity share capital remains unchanged at Rs. 74,232,950.
*this image is generated using AI for illustrative purposes only.
Purshottam Investofin , a company listed on the BSE, has recently witnessed a significant change in its shareholding pattern. Three entities have collectively reduced their stake in the company through open market transactions.
Key Details of the Transaction
| Entity | Shares Sold | Stake Reduction |
|---|---|---|
| Manmal Marketing Limited | 211,800 | - |
| Dinman Marketing Limited | 162,000 | - |
| Arstu Tradelinks Limited | 35,000 | - |
| Total | 408,800 | 5.50% |
Impact on Shareholding
- Pre-transaction Holding: The three entities collectively held 899,600 shares, representing a 12.11% stake in the company.
- Post-transaction Holding: After the sale, their combined holding reduced to 490,800 shares, equivalent to a 6.61% stake.
Additional Information
- The selling entities are not part of the promoter group of Purshottam Investofin.
- The company's total equity share capital remains unchanged at Rs. 74,232,950, consisting of 7,423,295 equity shares of Rs. 10 each.
This transaction represents a significant reduction in the shareholding of these entities, potentially impacting the company's ownership structure. However, it's important to note that such transactions are common in the stock market and may not necessarily indicate any fundamental changes in the company's operations or performance.
Historical Stock Returns for Purshottam Investofin
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |
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