Siti Networks Ltd's promoter sells 70,58,298 shares

DIGITAL SATELLITE MEDIA & BROADBAND PRIVATE LIMITED, Promoter company of Siti Networks Ltd has sold 70,58,298 equity shares of the company for an amount of Rs. 102345321.00 through market sale on June 18, 2018.

Post this disposal, the stake of the promoter company has reduced to 40790273 equity shares or 4.68% from 47848571 equity shares or 5.49%.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
DIGITAL SATELLITE MEDIA & BROADBAND PRIVATE LIMITED	- 70,58,298	June 18, 2018	47848571 (5.49%)	40790273 (4.68%)

Shares of Siti Networks Ltd was last trading in BSE at Rs.14.45 as compared to the previous close of Rs. 14.25. The total number of shares traded during the day was 4173 in over 34 trades.

The stock hit an intraday high of Rs. 14.84 and intraday low of 14.19. The net turnover during the day was Rs. 60370.

Source : Equity Bulls

Keywords