Hind Strategic Investments has acquired 658872 shares of Shalimar Paints Ltd through preferential offer

SHALIMAR PAINTS LTD.'s Promoter, HIND STRATEGIC INVESTMENTS has purchased 658872 equity shares of the company through Preferential Offer. The shares were bought for a total amount of Rs. 57032000.

With this acquisition, the shareholding of HIND STRATEGIC INVESTMENTS has increased from 5841570 (10.89%) to 6500442 (11.97%). The shares were acquired during the period 4/8/2019 to 4/8/2019.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
HIND STRATEGIC INVESTMENTS	658872	4/8/2019 to 4/8/2019	5841570 (10.89%)	6500442 (11.97%)

Shares of the company was last trading in BSE at Rs.81.65 as compared to the previous close of Rs. 79.45. The total number of shares traded during the day was 8252 in over 118 trades.

The stock hit an intraday high of Rs. 82.4 and intraday low of 79.5. The net turnover during the day was Rs. 668132.

Source : Equity Bulls

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