Wheels India MD Files Trading Plan for Sister's Share Purchase

1 min read     Updated on 10 Nov 2025, 08:05 PM
scanx
Reviewed by
Suketu GalaScanX News Team
Overview

Wheels India Limited's Managing Director, Srivats Ram, has filed a trading plan for his sister Nivedita Ram to acquire 100,000 company shares. The plan, approved on November 10, 2025, outlines on-market purchases between March 16-20, 2026, with a maximum price of Rs. 1,080 per share. The disclosure includes a 120-day cool-off period and price limit commitments, adhering to insider trading regulations and promoting market transparency.

24330935

*this image is generated using AI for illustrative purposes only.

Wheels India Limited has disclosed a trading plan filed by its Managing Director, Srivats Ram, for his sister Nivedita Ram to acquire company shares. This move, aimed at ensuring transparency in insider trading, provides insight into planned transactions by company insiders.

Trading Plan Details

The trading plan, which has been approved by the company's Compliance Officer on November 10, 2025, outlines the following key details:

Aspect Details
Trading Period March 16, 2026 to March 20, 2026
Shares to be Purchased 100,000 equity shares
Maximum Price per Share Rs. 1,080.00
Transaction Type On-market purchases

Compliance and Restrictions

The plan includes standard undertakings to ensure compliance with insider trading regulations:

  1. A 120-day cool-off period restriction
  2. Commitment to execute trades only within the specified price limits

This disclosure aligns with regulatory requirements for insider trading, promoting transparency in the stock market. It allows investors and regulatory bodies to monitor planned transactions by company insiders, which can be significant for market sentiment and corporate governance.

The trading plan's execution, set for early 2026, demonstrates long-term planning and adherence to regulatory frameworks. It's important to note that while the plan has been filed and approved, the actual transactions are subject to market conditions and other factors at the time of execution.

Wheels India Limited's proactive disclosure of this trading plan reflects its commitment to maintaining transparency with its shareholders and the broader market. Such practices are crucial for fostering trust and ensuring fair trading practices in the stock market.

Historical Stock Returns for Wheels

1 Day5 Days1 Month6 Months1 Year5 Years
+0.43%-2.29%-4.33%+21.67%+30.25%+115.07%

Wheels India Anticipates Strong Export Growth and Overall Performance

1 min read     Updated on 31 Oct 2025, 02:22 PM
scanx
Reviewed by
Radhika SahaniScanX News Team
Overview

Wheels India, a leading automotive components manufacturer, has shared a positive business outlook for the current year. The company anticipates continued strong export performance in the second half and expects good overall growth. This optimism spans both domestic and international operations, suggesting a robust business strategy and market demand for their products.

23446347

*this image is generated using AI for illustrative purposes only.

Wheels India , a leading manufacturer in the automotive components sector, has expressed optimism about its business outlook for the current year. The company has shared positive expectations regarding its export performance and overall growth trajectory.

Export Outlook

Wheels India foresees a continuation of positive export trends in the second half of the year. This projection suggests that the company's international market presence remains strong, potentially contributing significantly to its revenue stream.

Overall Growth Expectations

The company's management has indicated anticipation of good overall growth for the year. This positive outlook encompasses both domestic and international operations, pointing towards a robust business strategy and market demand for Wheels India's products.

Market Implications

The optimistic stance of Wheels India could be interpreted as a positive signal for investors and industry watchers. It may indicate:

  • Resilience in the face of global economic challenges
  • Effective strategies to capitalize on market opportunities
  • Potential for increased shareholder value if growth targets are met

While the company's outlook is encouraging, it's important for investors to consider that these are forward-looking statements. Actual results may vary based on various factors including market conditions, economic environment, and industry dynamics.

Wheels India's positive projections for exports and overall growth reflect confidence in their business model and market position. As the year progresses, stakeholders will be keen to see how these expectations translate into tangible financial results.

Historical Stock Returns for Wheels

1 Day5 Days1 Month6 Months1 Year5 Years
+0.43%-2.29%-4.33%+21.67%+30.25%+115.07%
More News on Wheels
Explore Other Articles
884.80
+3.80
(+0.43%)