Rainbow Investments Ltd increases stake in Spencers Retail Ltd to 47.82%

Spencers Retail Ltd's Promoter, RAINBOW INVESTMENTS LIMITED has purchased 400000 equity shares of the company through Market Purchase in NSE. The shares were bought for a total amount of Rs. 68188383.

With this acquisition, the shareholding of RAINBOW INVESTMENTS LIMITED has increased from 37632979 (47.32%) to 38032979 (47.82%). The shares were acquired during the period 3/15/2019 to 3/15/2019.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
RAINBOW INVESTMENTS LIMITED	400000	3/15/2019 to 3/15/2019	37632979 (47.32%)	38032979 (47.82%)

Shares of the company was last trading in BSE at Rs.160 as compared to the previous close of Rs. 163.35. The total number of shares traded during the day was 10515 in over 250 trades.

The stock hit an intraday high of Rs. 169.9 and intraday low of 159.1. The net turnover during the day was Rs. 1715425.

Source : Equity Bulls

Keywords