Promoter entity hikes stake in Simplex Infra to 55.52%

RBS Credit and Financial Development had 55.37% stake in Simplex Infrastructure before the transaction

Press Trust of India New Delhi
Last Updated : Sep 06 2013 | 7:50 PM IST
Simplex Infrastructure today said one of its promoter group firms, RBS Credit and Financial Development, has acquired additional 0.15% stake in the firm, raising it to 55.52%.

The Kolkata-based infrastructure firm, in a BSE filing said, RBS Credit and Financial Development has bought 75,000 shares, amounting to 0.15% stake in the company, on September 4.

RBS Credit and Financial Development had 2,73,92,233 shares or 55.37% stake in Simplex Infrastructure before the transaction.

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Post this transaction, RBS Credit and Financial Development has 2,74,67,233 shares or 55.52% stake in the firm.

As on June-end, promoters had 54.95% stake in Simplex Infrastructure. Shares of the company today closed at Rs 40.15, up 0.63% over the previous closing.
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First Published: Sep 06 2013 | 7:46 PM IST

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