KDDL Limited increases stake in Ethos Limited to 76.45%

KDDL Limited has acquired 2,50,000 fully paid equity shares of Rs. 10 each at a price of Rs 200 per share from the existing shareholder of Ethos Limited.

Post the above acquisition, consolidated shareholding of KDDL Limited (directly and indirectly through its subsidiary, Mahen Distribution Limited) in Ethos Limited has increased from 75.08% to 76.45%.

Shares of KDDL LTD. was last trading in BSE at Rs.360 as compared to the previous close of Rs. 372.6. The total number of shares traded during the day was 237 in over 9 trades.

The stock hit an intraday high of Rs. 378.35 and intraday low of 358.1. The net turnover during the day was Rs. 85308.

Source : Equity Bulls

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