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HomeNewsBusinessMarketsN M Finance Hikes Stake in Indo Tech Transformers to 7.06%

N M Finance Hikes Stake in Indo Tech Transformers to 7.06%

N M Finance Hikes Stake in Indo Tech Transformers to 7.06%

August 11, 2025 / 10:08 IST
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    N M Finance & Investments Consultancy Limited has increased its stake in Indo Tech Transformers Limited to 7.06% through the invocation of pledged shares.

    The company acquired 100,000 shares of Indo Tech Transformers, increasing its total holding to 750,000 shares, representing 7.06% of the total share/voting capital of Indo Tech Transformers.

    Prior to this acquisition, N M Finance held 650,000 shares, which was 6.12% of the total share/voting capital.

    The acquisition was completed on August 6, 2025, through the invocation of pledged shares. The total diluted share/voting capital of Indo Tech Transformers after the acquisition is ₹10.62 Crores.

    The shares were acquired by N M Finance & Investments Consultancy Limited.

    The disclosure was signed and authorized on August 8, 2025, in Kolkata.

     

    Holding Details
    ParticularsDetails
    Shares carrying voting rights750000
    Shares encumbered with the acquirer750000
    Total750000

     

    The disclosure was signed and authorized on August 8, 2025, in Kolkata.

    Alpha Desk
    first published: Aug 11, 2025 10:08 am

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