Stove Kraft Ltd managing director Rajendra Gandhi on Wednesday bought company shares worth Rs 50 crore through an open market transaction.
According to the bulk deal data on BSE, he purchased 7.75 lakh shares at an average price of Rs 645 apiece.
Gandhi, a promoter of the company, held 53.4 per cent stake in the firm at the end of December 2021.
Separately, SCI Growth Investments II sold shares of the company at the same price.
Panvel Municipal Corporation Speeds Up Road Repairs Across All Wards
Senior Citizens Demand Increased Police Patrolling At Vashi Mini Seashore; BJP’s Vikas Sorte Submits Request
Navi Mumbai News: Panvel Civic Body Denies Viral Claim Of 30% Property Tax Concession For Senior Citizens
Panvel Mayor To Get New Official Residence After Nearly 9 Years Of Delay
It is a public shareholder of the company and held 9.91 per cent stake, as per shareholding data for December 2021 quarter.
At 11.15 AM, shares of Stove Kraft on BSE were up 2.06 percent or Rs 13.90 at Rs 688.50 on Thursday.
