Bhagwat Metallics Limited acquires 53 lakh shares of AGC Networks Limited through Inter-se Transfer

AGC Networks Limited's Promoter Group, Bhagwat Metallics Limited has purchased 5300000 equity shares of the company through Inter-se Transfer. The shares were bought for a total amount of Rs. 371000000.

With this acquisition, the shareholding of Bhagwat Metallics Limited has increased from 0 (0%) to 5300000 (17.82%). The shares were acquired during the period 1/4/2019 to 1/4/2019.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
Bhagwat Metallics Limited	5300000	1/4/2019 to 1/4/2019	0 (0%)	5300000 (17.82%)

Shares of the company was last trading in BSE at Rs.108.35 as compared to the previous close of Rs. 118.2. The total number of shares traded during the day was 28026 in over 464 trades.

The stock hit an intraday high of Rs. 117 and intraday low of 107.25. The net turnover during the day was Rs. 3092061.

Source : Equity Bulls

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