BARTRONICS INDIA LTD.
Promoter of Bartronics India Limited Sells Shares through OFS, Reducing Shareholding to 75%
Jan 17 2025 | 6 months agoBartronics India Limited has announced that Kinex India Private Limited, one of its promoters, has sold 1,91,57,519 equity shares of the company through an Offer for Sale (OFS) mechanism. The shares were sold during January 14-15, 2025, through the Stock Exchange Mechanism in BSE Limited and National Stock Exchange of India Limited. This sale has reduced the shareholding of the promoter and promoter group from 81.29% to 75% of the paid-up equity share capital of the company, thereby making the company compliant with the minimum public shareholding requirements. This information is for the records of the recipients.
- Kinex India Private Limited, promoter of Bartronics India Limited, sold 1,91,57,519 equity shares through OFS.
- The shares were sold during January 14-15, 2025, through the Stock Exchange Mechanism in BSE and NSE.
- This sale has reduced the shareholding of the promoter and promoter group from 81.29% to 75% of the paid-up equity share capital.
- Bartronics India Limited has become compliant with the minimum public shareholding requirements.
- The sale is in accordance with SEBI, BSE, and NSE guidelines and the order of the National Company Law Tribunal, Hyderabad Bench