Dugar Housing Developments
175.85
+3.40(+1.97%)
Market Cap₹120.70 Cr
PE Ratio97.47
IndustryConstruction
Company Performance:
1D+1.97%
1M+48.22%
6M+921.20%
1Y+1,081.79%
5Y+2,691.27%
View Company Insightsright
Latest news about Dugar Housing Developments
Vinoth Kumar Mohanadas Boosts Stake in Dugar Housing Developments to 54.74% via Warrant Conversion Aug 18, 2025
Vinoth Kumar Mohanadas and Suseela Kumarappan have significantly increased their stake in Dugar Housing Developments Ltd through a warrant conversion and preferential allotment. Their combined shareholding has risen from 41.14% to 60.82%, with Mohanadas now holding 54.74% and Kumarappan 6.08%. The company's equity share capital expanded from Rs. 7.00 crore to Rs. 9.70 crore, increasing the total number of shares from 70,00,000 to 97,00,000. The transaction, completed on 12.08.2025, involved the acquisition of 27,00,000 shares. Despite their increased stake, the acquirers are not part of the promoter group.
Vinoth Kumar Mohanadas Increases Stake in Dugar Housing Developments to 54.74% Through Warrant Conversion Aug 14, 2025