MD & CEO of Suryoday Small Finance Bank Ltd purchases 1.5 lakh shares from open market

Mr Baskar Babu Ramachandran, the Promoter and Managing Director & CEO of Suryoday Small Finance Bank Limited, has purchased a total of 1,50,000 Equity shares from the open market.

Post the said transaction, the total Promoter Group holding in the Bank shall stand at 22.44% (earlier 22.30%) and Mr Baskar Babu Ramachandran's individual holding shall stand at 5.18% (earlier 5.04%). It is further confirmed that the holding of the Promoters is in compliance with the applicable regulatory provisions and in line with the RBI pre-approved limits.

Shares of Suryoday Small Finance Bank Limited was last trading in BSE at Rs. 98.90 as compared to the previous close of Rs. 99.05. The total number of shares traded during the day was 25726 in over 604 trades.

The stock hit an intraday high of Rs. 101.45 and intraday low of 98.05. The net turnover during the day was Rs. 2558188.00.

Source : Equity Bulls

Keywords

SuryodaySmallFinanceBank INE428Q01011 MD CEO SharePurchase OpenMarket StakeIncrease