Promoters of Capacite Infraprojects Limited have sold shares worth Rs. 70.56 crores

The Promoter and Promoter Group of Capacit'e Infraprojects Limited, have sold equity shares of the company amounting to Rs. 70.56 crores.

Rahul Ramnath Katyal - 10,00,000 shares
Ashutosh Trade Links - 11,89,153 shares
Rohit Ramnath Katyal - 13,04,144 shares

The share sale has been executed for meeting social obligations and to pare of the debt at personal level. Pursuant to this share sale, the company does not foresee any further share sale in the near future. The buyer, Think India Opp Master Fund (Think Investment, USA) is a marquee US based long term investor.

Shares of Capacite Infraprojects Ltd was last trading in BSE at Rs.201.45 as compared to the previous close of Rs. 206.25. The total number of shares traded during the day was 3572398 in over 1822 trades.

The stock hit an intraday high of Rs. 208.75 and intraday low of 196.85. The net turnover during the day was Rs. 721638172.

Source : Equity Bulls

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