Shareholding22 Jun 2026, 03:58 pm
South India Travels Sells 3.9% Stake in Sicagen India
AI Summary
South India Travels Private Limited, a promoter group entity, has sold 15,45,500 equity shares, representing 3.90% of the total share capital, in Sicagen India Limited. The transaction was conducted off-market at the prevailing market rate. Following the sale, South India Travels' holding in Sicagen India has reduced from 4.90% to 1.00%. This disclosure is made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Promoter group entity sold 15.45 lakh shares of Sicagen India.
- Sale represents 3.90% of the company's total share capital.
- Transaction was executed via off-market deal.
- Holding reduced from 4.90% to 1.00% post-sale.
- Disclosure filed under SEBI (SAST) Regulations, 2011.
Price Impact
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