Radiowalla Network Limited Announces Promoter Share Purchases
Radiowalla Network Limited announced that Mr. Harpreet Singh and Mr. Harvinderjit Singh Bhatia, a Promoter and Director, made purchases of company shares through open market transactions on the National Stock Exchange (NSE) platform on March 23, 2026.Mr. Harpreet Singh acquired 1,600 equity shares at a trade price of ₹29.00 per share, for a total transaction value of ₹46,400. This represents a 0.0227% change in shareholding.
Mr. Harvinderjit Singh Bhatia acquired 6,400 equity shares at varying prices. The breakdown of the transaction is as follows:
| Quantity of Shares | Price per Share | Total Value |
|---|---|---|
| 1,600 | ₹29.00 | ₹46,400 |
| 3,200 | ₹28.45 | ₹91,040 |
| 1,600 | ₹28.40 | ₹45,440 |
| Total | ₹1,82,880 |
The total value of Mr. Bhatia's purchase was ₹1,82,880, representing a 0.0908% change in shareholding.
The company clarified that the transactions do not trigger the requirements of Regulation 7(2) of SEBI (PIT) Regulations, 2015, as the traded value did not exceed ₹10,00,000 in the calendar quarter. Additionally, the changes in promoter holding do not meet the 2% threshold outlined in Regulation 29(2) of SEBI (SAST) Regulations, 2011, and do not constitute a material event under Regulation 30 of SEBI (LODR) Regulations, 2015.
The filing was submitted voluntarily for good governance and transparency purposes.
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