Gauri Trading Pte Ltd increases stake in Cranes Software International Ltd
Gauri Trading Pte Ltd, an acquirer not belonging to any promoter group, has increased its holding in Cranes Software International Ltd. The company holds shares of the listed entity on the BSE exchange.The acquisition details provide a clear picture of the change in the acquiring party's stake. Before the current acquisition, Gauri Trading Pte Ltd held 71,31,137 shares, representing 4.69% of the total share/voting capital and 4.69% of the total diluted share/voting capital of Cranes Software International Ltd.
The company acquired an additional 22,17,187 shares, translating to a 1.46% holding in terms of total share/voting capital and 1.46% of the total diluted share/voting capital of the target company.
Following this acquisition, Gauri Trading Pte Ltd's consolidated holding has risen significantly. The company now holds 93,48,324 shares, which represents a 6.15% stake in the total share/voting capital and 6.15% of the total diluted share/voting capital of Cranes Software International Ltd.
The following table outlines the key holding metrics for Gauri Trading Pte Ltd concerning Cranes Software International Ltd:
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Shares Carrying Voting Rights Held | 71,31,137 (4.69%) | 93,48,324 (6.15%) |
| Shares Acquired in this Transaction | 22,17,187 | — |
Stock Price Movement
As of 14:57, Cranes Software International Ltd is ticking down hard at ₹3.55, reflecting a sharp 4.57% slide.The shares moved throughout the session within an intraday range that stretched from a low of ₹3.54 to a high of ₹3.81.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.