Sadbhav Engineering Ltd increases stake in subsidiary to 69.02%

Sadbhav Engineering Ltd, Promoter of Sadbhav Infrastructure Project Ltd has purchased 368917 equity shares of the company through open market purchase during the period July 13, 2018 to July 16, 2018.

Prior to the acquisition, the company had a stake of 68.92% or 242756471 equity shares which has increased to 69.02% or 243125388 equity shares.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
Sadbhav Engineering Ltd	3,66,417	July 13, 2018 to July 16, 2018	242756471 (68.92%)	243122888 (69.02%)
Sadbhav Engineering Ltd	2,500	July 13, 2018	243122888 (69.02%)	243125388 (69.02%)

Shares of Sadbhav Infrastructure Project Ltd was last trading in BSE at Rs.113.5 as compared to the previous close of Rs. 111.85. The total number of shares traded during the day was 584 in over 12 trades.

The stock hit an intraday high of Rs. 113.5 and intraday low of 110.75. The net turnover during the day was Rs. 65185.

Source : Equity Bulls

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