Share Market News: Promoter Buys 53,945 Shares of Gensol via Open Market | Check Details Here

ByPrashant Kumar

New Delhi: Gensol Engineering Ltd has informed exchanges that the Promoter and Managing Director of the company has acquired 53,945 shares through an open market operation on Wednesday, June 04, 2024. The transaction amounted to Rs 4.77 crore shares.
“Anmol Singh Jaggi, the Promoter and Managing Director, through an open market operation on Wednesday, June 04, 2024. The transaction amounted to Rs 4,77,44,327.75 (Rupees Four Crores Seventy-Seven Lakhs Forty-Four Thousand Three Hundred Twenty-Seven and Seventy-Five Paisa Only),” the filing said.
Before this acquisition, Jaggi held 79,64,766 equity shares of the company, which constituted 21.03 per cent of the total shareholding. Following this purchase, his shareholding increased to 80,18,711 equity shares, representing 21.17 per cent of the company’s total shares.
As a result of this acquisition, the total promoter and promoter group shareholding rose from 2,37,17,306 shares (62.62 per cent of the total shareholding) to 3,78,72,897 shares (62.77 per cent of the total shareholding). This announcement is intended to inform the valued members of the company about the increased shareholding of the promoter and managing director.

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