Bandhan Mutual Fund Acquires 0.57% Stake in Updater Services
Market Update: Key Share Transactions on May 7
On May 7, several significant share transactions took place on both exchanges. Among the notable deals was the sale of Mitesh Kumar Shah's stake in Mitshi India. Shah sold 1.40 lakh shares (1.6 percent) at Rs 16.02 per share, reducing his ownership to 1.7 percent.
Another notable deal was the sale of 25.01 lakh shares (1.02 percent) of Aqylon Nexus by promoter Kurjibhai Premjibhai Rupareliya at Rs 51.10 per share. Prior to the sale, Rupareliya owned around 58 percent stake.
Hilltone Software and Gases also saw significant activity, with Vijay Dadubhai Jebaliya buying 1.86 lakh shares (1.41 percent) at Rs 48.41 per share.
| Company | Buyer/Seller | Quantity | Percentage | Price (per share) |
|---|---|---|---|---|
| Arman Holdings | Arun Damji Gada / Rajiv Dalsukh Bauva | 27,743 / 29,786 | -0.53% / 0.57% | 103.47 / 105.50 |
| Simandhar Impex | Neepa Ankit Shah / Ankit Harshad Shah / Rakesh Maganlal Madia | 28,824 / 27,240 / 40,100 | -0.94% / -0.89% / 1.15% | 149 / 149 / 149 |
| Fabtech Technologies | Yash Hitesh Patel | 99,200 | -0.81% | 306.75 |
| Shankara Buildpro | Turnaround Opportunities Fund | 1.50 lakh | 0.62% | 1,135 |
| Milton Industries | Patanjali Agro India Private Limited / Ummeattiya Qureshi | 1.78 lakh / 1.76 lakh | 1.05% / -1.05% | 49.85 / 49.85 |
| Silgo Retail | Lata Jayant Shah | 3.16 lakh | 1.12% | 79.39 |
| Updater Services | Bandhan Mutual Fund | 3.80 lakh | 0.57% | 162.71 |
| Kotyark Industries | Bhaviniben Gaurang Shah | 76,700 | -0.75% | 405.18 |
| Raymond Realty | Subhashchandra Laxmichand Gandhi / Elixir Wealth Management | 4.19 lakh / 7.62 lakh | -1.03% / 1.15% | 632.78 / 632.78 |
In other notable deals, Lata Jayant Shah bought 3.16 lakh shares (1.12 percent) of Silgo Retail Limited at Rs 79.39 per share, while Bandhan Mutual Fund bought 3.80 lakh shares (0.57 percent) of Updater Services at Rs 162.71 per share.
Additionally, Elixir Wealth Management bought 7.62 lakh shares (1.15 percent) of Raymond Realty Limited at Rs 632.78 per share, while Subhashchandra Laxmichand Gandhi sold 4.19 lakh shares (1.03 percent) at the same price.
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