Insider Trading22 Apr 2026, 09:56 am
7Seas Ent: L Hemalatha Acquires 40,000 Shares via Preferential Allotment
AI Summary
L Hemalatha, a promoter of 7Seas Entertainment Ltd, acquired 40,000 equity shares through preferential allotment. This acquisition falls under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 and Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. Following the acquisition, Hemalatha's total holding stands at 440,000 shares, representing 1.90% of the equity share capital.
Key Highlights
- L Hemalatha acquired 40,000 shares of 7Seas Entertainment via preferential allotment.
- The acquisition increases L Hemalatha's stake to 440,000 shares.
- Post-acquisition, L Hemalatha holds 1.90% of 7Seas Entertainment's equity.
- The acquisition is governed by SEBI's Substantial Acquisition and Insider Trading Regulations.
Price Impact
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