Ramesh Kumar Dua reduces stake in Relaxo Footwears Ltd through market sale

RELAXO FOOTWEARS LTD.'s Promoter & Director, Ramesh Kumar Dua has sold 2440000 equity shares of the company through Market Sale in NSE. The shares were sold for a total amount of Rs. 1744690600.

With this transaction, the shareholding of Ramesh Kumar Dua has reduced from 32348872 (26.08%) to 29908872 (24.11%). The shares were sold during the period 3/5/2019 to 3/6/2019.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
Ramesh Kumar Dua	2000000	3/5/2019 to 3/5/2019	32348872 (26.08%)	30348872 (24.46%)
Ramesh Kumar Dua	440000	3/6/2019 to 3/6/2019	30348872 (24.46%)	29908872 (24.11%)

Shares of the company was last trading in BSE at Rs.744.2 as compared to the previous close of Rs. 750.7. The total number of shares traded during the day was 913069 in over 2116 trades.

The stock hit an intraday high of Rs. 785 and intraday low of 715. The net turnover during the day was Rs. 654534419.

Source : Equity Bulls

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