Promoter group entity increases stake in Panama Petrochem Ltd to 3.70%

Ittefaq Ice and Cold Storage Co. Pvt Ltd, promoter group entity of PANAMA PETROCHEM LTD. has acquired 20,211 equity shares in the company during the period June 12, 2018 to June 14, 2018 for an amount of Rs. 3577129.00.

The entity had 2215060 equity shares or 3.66% stake in the company before this transaction, which has now increased to 2235271 equity shares or 3.70%.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
Ittefaq Ice and Cold Storage Co. Pvt Ltd	20,211	June 12, 2018 to June 14, 2018	2215060 (3.66%)	2235271 (3.70%)

Shares of PANAMA PETROCHEM LTD. was last trading in BSE at Rs.180.7 as compared to the previous close of Rs. 177.5. The total number of shares traded during the day was 4805 in over 133 trades.

The stock hit an intraday high of Rs. 187.5 and intraday low of 179.7. The net turnover during the day was Rs. 872637.

Source : Equity Bulls

Keywords