Promoters raise their stake in ASAHI SONGWON COLORS LTD through market purchase

The Promoters of ASAHI SONGWON COLORS LTD. Mrugesh Jaykrishna Family Trust - I and Gokul M. Jaykrishna Family Trust have acquired the shares of the company through open market purchase, thereby increasing their stake in the company.

Gokul M. Jaykrishna Family Trust has acquired 3,892 equity shares for an amount of Rs. 1088296.00 on June 6, 2018, which has increased their stake from 2737144 equity shares or 22.30% to 2741036 equity shares or 22.34%.

Mrugesh Jaykrishna Family Trust - I has purchased 8,996 equity shares of the company for an amount of Rs. 2516271.00 on June 6, 2018 through open market purchase. This transaction has increased their stake from 5312905 equity shares or 43.29% to 5321901 equity shares or 43.36%.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
Mrugesh Jaykrishna Family Trust - I	8,996	June 6, 2018	5312905 (43.29%)	5321901 (43.36%)
Gokul M. Jaykrishna Family Trust	3,892	June 6, 2018	2737144 (22.30%)	2741036 (22.34%)

Shares of ASAHI SONGWON COLORS LTD. was last trading in BSE at Rs.282.05 as compared to the previous close of Rs. 277.95. The total number of shares traded during the day was 681 in over 17 trades.

The stock hit an intraday high of Rs. 283.15 and intraday low of 270. The net turnover during the day was Rs. 189423.

Source : Equity Bulls

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