S Devarajan, Promoter & Director of SAMBANDAM SPINNING MILLS LTD inherits 50750 shares

SAMBANDAM SPINNING MILLS LTD.'s Promoter & Director, S.DEVARAJAN has purchased 50750 equity shares of the company through Inheritance in NA. The consideration for the deal was Rs. 6013875.

With this acquisition, the shareholding of S.DEVARAJAN has increased from 412602 (9.68%) to 463352 (10.86%). The shares were acquired during the period 12/11/2018 to 12/11/2018.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
S.DEVARAJAN	50750	12/11/2018 to 12/11/2018	412602 (9.68%)	463352 (10.86%)

Shares of the company was last trading in BSE at Rs.118 as compared to the previous close of Rs. 114.05. The total number of shares traded during the day was 1012 in over 7 trades.

The stock hit an intraday high of Rs. 118 and intraday low of 114. The net turnover during the day was Rs. 117826.

Source : Equity Bulls

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