Insider Trading22 Apr 2026, 09:55 am
7Seas Ent: Lingamaneni Anirudh Acquires 1.5L Warrants
AI Summary
Lingamaneni Anirudh, a promoter of 7Seas Entertainment Ltd, acquired 150,000 convertible warrants via preferential allotment. This acquisition falls under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 and Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. Post-acquisition, Anirudh holds 150,000 warrants, representing 0.61% of the total diluted share/voting capital. The acquisition date is April 16, 2026.
Key Highlights
- Lingamaneni Anirudh acquired 150,000 convertible warrants in 7Seas Entertainment.
- The acquisition was made through preferential allotment.
- Post-acquisition, Anirudh holds 0.61% of the total diluted share/voting capital.
- The acquisition is governed by SEBI regulations on substantial acquisition and insider trading.
Price Impact
More from 7SEASL