Arrow Media & Broadband Pvt Ltd exits Siti Networks Ltd through market sale of shares

Siti Networks Ltd's Promoter, Arrow Media & Broadband Private Limited has sold 17900470 equity shares of the company through Market Sale in NSE. The shares were sold for a total amount of Rs. 65329136.

With this transaction, the shareholding of Arrow Media & Broadband Private Limited has reduced from 17900470 (2.05%) to 0 (0%). The shares were sold during the period 2/27/2019 to 2/28/2019.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
Arrow Media & Broadband Private Limited	6017355	2/27/2019 to 2/27/2019	17900470 (2.05%)	11883115 (1.36%)
Arrow Media & Broadband Private Limited	11883115	2/28/2019 to 2/28/2019	11883115 (1.36%)	0 (0%)

Shares of the company was last trading in BSE at Rs.4.22 as compared to the previous close of Rs. 4.02. The total number of shares traded during the day was 52789 in over 13 trades.

The stock hit an intraday high of Rs. 4.22 and intraday low of 4.22. The net turnover during the day was Rs. 222769.

Source : Equity Bulls

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