BMF Investments Ltd purchases 13057050 shares of JK Tyre & Industries Ltd

JK TYRE & INDUSTRIES LTD.'s Promoter Group, BMF Investments Limited has purchased 13057050 equity shares of the company through Preferential Offer. The shares were bought for a total amount of Rs. 1344876150.

With this acquisition, the shareholding of BMF Investments Limited has increased from 25807500 (11.38%) to 38864550 (15.78%). The shares were acquired during the period 3/30/2019 to 3/30/2019.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
BMF Investments Limited	13057050	3/30/2019 to 3/30/2019	25807500 (11.38%)	38864550 (15.78%)

Shares of the company was last trading in BSE at Rs.92.8 as compared to the previous close of Rs. 92.85. The total number of shares traded during the day was 54379 in over 450 trades.

The stock hit an intraday high of Rs. 94 and intraday low of 92.6. The net turnover during the day was Rs. 5061495.

Source : Equity Bulls

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