Towels Enterprises Ltd increases stake in IOL Chemicals & Pharmaceuticals Ltd to 1.75%

IOL CHEMICALS & PHARMACEUTICALS LTD.'s Promoter Group, Towels Enterprises Limited has purchased 682000 equity shares of the company through Allotment. The shares were bought for a total amount of Rs. 139810000.

With this acquisition, the shareholding of Towels Enterprises Limited has increased from 312032 (0.56%) to 994032 (1.75%). The shares were acquired during the period 3/30/2019 to 3/30/2019.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
Towels Enterprises Limited	682000	3/30/2019 to 3/30/2019	312032 (0.56%)	994032 (1.75%)

Shares of the company was last trading in BSE at Rs.196.7 as compared to the previous close of Rs. 202.7. The total number of shares traded during the day was 64607 in over 975 trades.

The stock hit an intraday high of Rs. 204.5 and intraday low of 196.1. The net turnover during the day was Rs. 12971952.

Source : Equity Bulls

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