Roni Households Ltd Disposes 0.58% Stake in Roni Agro Limited, Shares Holding Reduces to 44.17%
Roni Households Ltd has completed the disposal of a portion of its stake in M/s. Roni Agro Limited. The company sold 29,066 equity shares, which represent 0.58% of the paid-up share capital of M/s. Roni Agro Limited.This transaction resulted in a reduction of Roni Households Ltd's shareholding in M/s. Roni Agro Limited, which decreased from 44.76% to 44.17%. The consideration received for the disposal was Rs. 3,48,792, based on 29,066 shares acquired at Rs. 12 each.
The sale details confirm that the shares were sold to various buyers, none of whom belong to the promoter or promoter group of Roni Households Ltd.
A review of Roni Agro Limited's financials indicates the entity reported a Turnover of Rs. 937.26 Lakhs, contributing 54.63% to the consolidated turnover. Furthermore, the company reported a Networth of Rs. 512.73 lakhs, which contributes 31.25% to the consolidated Networth.
Details of the share disposal and the associated buyers are summarized below:
| Buyer Details | Number of Shares Acquired |
|---|---|
| Amrit Gupta | 4,166 |
| Baljeet Singh | 2,100 |
| Shirisha Manohar Padge | 2,100 |
| Tushar Goyal | 16,500 |
| Devesh Kumar Sharma | 4,200 |
The transaction involved the transfer of 0.58% shares of the associate company, Roni Agro Limited. The parties involved in the purchase are confirmed to be non-related parties to the company.
Stock Price Movement
At the close of trading today, Roni Households shares settled at ₹44.05, edging higher by 1.61%. The stock had exhibited a wide intraday range, swinging from a low of ₹44.00 all the way up to ₹52.00.Source:
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