 "Amulya Leasing & Finance up 5% after stake sale by promoter")
Amulya Leasing & Finance is locked in upper circuit of 5% at Rs 624, extending its Thursday’s 5% gain on the BSE after the promoter Sameer Gupta sold his entire 35.19% stake in the company through an open market transaction. The stock is trading at its 52-week high levels.
On December 28, 2017, Sameer Gupta offloaded 1.76 million equity shares representing 35.19% stake of Amulya Leasing & Finance for Rs 98.22 crore on the BSE. The promoter had sold these shares at price of Rs 557.13 per share, the bulk deal data shows.
As on September 2017, Gupta held almost similar stake in the company, according to the BSE data.
Among the buyers of the shares were Vertex Suppliers and FIL Investments (Mauritius), Faind Fidelity Fund a/c Fidelity India Fund Faind, Vallabh Roopchand Bhansali and Suraj Vallabh Bhanshali. CLICK HERE FOR BULK DEAL DATA
Last week, the company informed the stock exchange that the name of the Company is change from 'Amulya Leasing And Finance Limited' to 'Apollo Pipes Limited' as approved by Registrar of Companies, NCT of Delhi & Haryana vide its certificate dated 20.12.2017.
Till 09:48 AM; around 6,530 shares were traded and pending buy order for 263,330 shares on the counter, the BSE data shows. The stock is trading under category of ‘XT’ group, where the securities traded and settled on Trade to Trade (T2T) basis.
On December 28, 2017, Sameer Gupta offloaded 1.76 million equity shares representing 35.19% stake of Amulya Leasing & Finance for Rs 98.22 crore on the BSE. The promoter had sold these shares at price of Rs 557.13 per share, the bulk deal data shows.
As on September 2017, Gupta held almost similar stake in the company, according to the BSE data.
Among the buyers of the shares were Vertex Suppliers and FIL Investments (Mauritius), Faind Fidelity Fund a/c Fidelity India Fund Faind, Vallabh Roopchand Bhansali and Suraj Vallabh Bhanshali. CLICK HERE FOR BULK DEAL DATA
Last week, the company informed the stock exchange that the name of the Company is change from 'Amulya Leasing And Finance Limited' to 'Apollo Pipes Limited' as approved by Registrar of Companies, NCT of Delhi & Haryana vide its certificate dated 20.12.2017.
Till 09:48 AM; around 6,530 shares were traded and pending buy order for 263,330 shares on the counter, the BSE data shows. The stock is trading under category of ‘XT’ group, where the securities traded and settled on Trade to Trade (T2T) basis.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%