Insider Trading29 Aug 2026, 06:20 pm
S.P. Apparels MD Sells 5 Lakh Shares
AI Summary
Mr. P. Sundararajan, Managing Director of S.P. Apparels Limited, has sold 5,00,000 equity shares of the company through a market transaction. This disclosure was made in compliance with Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The sale represents a portion of his total shareholding, reducing his stake from 49.88% to 48%. The transaction occurred on August 28, 2026.
Key Highlights
- Managing Director sold 5,00,000 equity shares.
- Transaction complies with SEBI Insider Trading Regulations.
- MD's shareholding reduced by 5,00,000 shares.
- Post-sale holding is 48% of the company's equity.
Price Impact
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