Nakoda Logistics Sells Shares of Virgo Global Ltd in Open Market
Shri Nakoda Logistics Private Limited has completed the disposal of a portion of its stake in Virgo Global Ltd through an open market transaction that took place on June 17, 2026. The sale was part of the company's share adjustments in relation to the target entity.The acquisition/disposal concerns Shri Nakoda Logistics Private Limited, which holds a Promoter status, and pertains to Virgo Global Ltd., which is listed on the BSE.
Prior to the transaction, Shri Nakoda Logistics Private Limited held 3,254,150 shares in Virgo Global Ltd., representing 30.98% of the total share capital. The equity share capital of Virgo Global Ltd. before the said acquisition was reported at Rs. 4,20,17,200, which consisted of 1,05,04,300 equity shares of Rs. 4/- each.
The transaction involved the sale of 1,115,797 shares carrying voting rights, equating to 10.62% of the total diluted share/voting capital of Virgo Global Ltd. The mode of this acquisition was through the open market.
Following the sale, Shri Nakoda Logistics Private Limited's holding in the target company stands at 2,138,353 shares, which represents a 20.36% stake. The total equity share capital and the total diluted share/voting capital of Virgo Global Ltd. remain unchanged after this transaction, standing at Rs. 4,20,17,200 (consisting of 1,05,04,300 equity shares of Rs. 4/- each).
Key details regarding the shareholder's stake and the transaction are summarized below:
| Metric | Before Transaction | After Transaction |
|---|---|---|
| Total Shares Held by Shri Nakoda Logistics Private Limited | 3,254,150 (30.98%) | 2,138,353 (20.36%) |
| Shares Sold/Acquired in the transaction | 1,115,797 (10.62%) | N/A |
| Total Equity Capital of Virgo Global Ltd. | Rs. 4,20,17,200 | Rs. 4,20,17,200 |
Stock Price Movement
As of 10:41, Virgo Global Ltd sees its shares slip to ₹6.38, registering a 2.00% decline. This stock has been trading completely flat, with its intraday movement locked at the ₹6.51 level.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.
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