Simpson & Co. Ltd acquires 1265288 shares of IP Rings Ltd through off market

IP RINGS LTD.'s Promoter Group, Simpson & Co. Ltd has purchased 1265288 equity shares of the company through Off Market in BSE. The shares were bought for a total amount of Rs. 136499269.

With this acquisition, the shareholding of Simpson & Co. Ltd has increased from 2501712 (19.74%) to 3767000 (29.72%). The shares were acquired during the period 4/5/2019 to 4/5/2019.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
Simpson & Co. Ltd	1265288	4/5/2019 to 4/5/2019	2501712 (19.74%)	3767000 (29.72%)

Shares of the company was last trading in BSE at Rs.98.55 as compared to the previous close of Rs. 97.6. The total number of shares traded during the day was 837 in over 19 trades.

The stock hit an intraday high of Rs. 99.55 and intraday low of 95. The net turnover during the day was Rs. 82082.

Source : Equity Bulls

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