It seems most of the the purchases have happened in this quarter only. Please refer shareholding pattern for non institutional shareholder – individual shareholders holding nominal share capital in excess of Rs. 1 Lac
From 20 shareholders in June having 8,85,016 shares with 0.8% of total number of shares, it went up to 22 shareholders having 21,56,673 shares with 1.95% of total number of shares for Sept end quarter. The difference is 2 new shareholders with 12,51,657 shares purchased. According to Shareholding pattern as on 30th Sept, Prof Mankekar is having 11,05,051 shares.
It could be sheer coincidence as he may already have some shareholding and added some more to get noticed (only shareholding above 1% get reported). But such big jump with so few new shareholder means either all current 20 individual shareholders need to buy lot of quantity to make up the number, which seems bit difficult.
This is my guess based on available date. I could be wrong. Expert views are invited.
| Subscribe To Our Free Newsletter |
