In March 2022, Dinesh Agarwal owned 8,630,747 shares (source). In June 2022, this figure was 8,590,559 (source).
Now, Indiamart had done a buyback in June 2022 but the acceptance ratio was less than a percent. There is no way Dinesh Agarwal could’ve tendered 40,188 shares in the buyback. But I can’t find any insider selling data that shows that he sold. Anyone any idea what’s up?
In fact, does anyone else think that the insider trading disclosures for Indiamart are inadequate? The last disclosure was in September 2021! https://www.nseindia.com/companies-listing/corporate-filings-insider-trading?symbol=INDIAMART&tabIndex=equity
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