Promoter Acquires Shares, Increasing Stake in Matrix Geo Solutions Limited
Matrix Geo Solutions Limited reported a change in the shareholding of its promoter and director, Rahul Jain, who acquired additional shares of the company's stock through the open market. This transaction resulted in an increase in his stake in Matrix Geo Solutions.The acquisition was executed by Rahul Jain, identified as a Promoter/Director for the company. The purchase activity occurred on July 6, 2026.
Details regarding the change in shareholding are as follows:
| Promoter Name | Type of Transaction | Shares Held Prior to Acquisition | Securities Acquired | Total Post-Transaction Holding |
|---|---|---|---|---|
| Rahul Jain | Buy Shares | 48,99,895 (33.60%) | 18,000 | 49,17,895 (33.72%) |
The transaction was completed on the open market and executed through the National Stock Exchange (NSE). Following the acquisition of shares, Rahul Jain's holding increased from 33.60% to 33.72%. No activity in derivatives of the company was reported in relation to this stock change.
MGSL Stock Price Movement
Today, shares of Matrix Geo Solutions Limited rallied strongly, settling at ₹66.85 after climbing 11.75% in post-market trading. The stock closed near its daily peak, having ranged during the session between a low of ₹60.50 and a high of ₹68.40.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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