Niraj Shah and Associates Acquire Shares in Leo Dryfruits & Spices Trading Ltd
Niraj Rajnikant Shah, along with Ami Niral Shah, has been involved in the acquisition of shares in Leo Dryfruits & Spices Trading Ltd. This transaction details their current shareholding status and recent acquisitions within the company listed on the BSE Limited.The individuals acquired 3,12,000 shares carrying voting rights in Leo Dryfruits & Spices Trading Ltd. This acquisition represented 1.74% of the total diluted share/voting capital of the target company. The transaction details also confirmed that no shares were sold by the acquirers.
The report indicates that Niraj Rajnikant Shah and Ami Niral Shah do not belong to a Promoter or Promoter group concerning their holdings in the company.
A detailed summary of the stockholding before and during the acquisition is provided below:
| Detail | Before Acquisition Holding (Shares) | Percentage Pre-Acquisition |
|---|---|---|
| Niraj Rajnikant Shah holding | 6,56,000 | 3.67% |
| Ami Niral Shah holding | 7,00,000 | 3.91% |
| Total Holding (Pre-acquisition) | 13,56,000 | 7.58% |
The acquisition transaction resulted in the following figures:
| Acquisition Details | Number of Securities Acquired | Percentage |
|---|---|---|
| Shares carrying voting rights acquired by Niraj Rajnikant Shah and Ami Niral Shah | 3,12,000 | 1.74% |
| Shares sold by the acquirers | 0 | 0.00% |
Stock Price Movement
As of 12:34, shares of Leo Dryfruits & Spices Trading Ltd are falling at ₹52.05, reflecting a decline of 5.36%. The stock is currently locked in place as the intraday high and low remain completely flat at that exact price point.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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