Zeal Global Fund Acquires 5.06% Stake in Gayatri Projects

Zeal Global Opportunities Fund has disclosed a substantial acquisition of shares in Gayatri Projects Limited, acquiring 1,50,00,000 shares, representing 5.06% of the total share capital. This acquisition was made through preferential allotment. The filing indicates that prior to this transaction, Zeal Global Opportunities Fund held no shares in Gayatri Projects. The total equity share capital of Gayatri Projects Limited has also increased post-acquisition. A note in the filing mentions a subsequent decrease in Zeal Global's holding percentage to 3.23% due to an increase in the company's total share capital.