Infibeam Avenues Ltd's promoter increases stake

Infinium Natural Resources Investments Private Limited, Promoter Group of Infibeam Avenues Ltd has bought 13,35,839 equity shares of the company through market purchase on September 21, 2018 for an amount of Rs. 285694264.00.

Post this deal, the promoter group entity's stake in the company has increased to 7040024 equity shares or 1.06% from 5704185 equity shares or 0.86%.

Buyer / Seller	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
Infinium Natural Resources Investments Private Limited	13,35,839	Sep 21, 2018	5704185 (0.86%)	7040024 (1.06%)

Shares of Infibeam Incorporation Ltd was last trading in BSE at Rs.214.55 as compared to the previous close of Rs. 214.2. The total number of shares traded during the day was 627556 in over 3749 trades.

The stock hit an intraday high of Rs. 220.4 and intraday low of 209.4. The net turnover during the day was Rs. 134751902.

Source : Equity Bulls

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