K Ramachandra Reddy raises stake in Moschip Technologies Ltd through allotment

Moschip Technologies Ltd's Promoter & Director, K. Ramachandra Reddy has purchased 1777778 equity shares of the company through Allotment. The shares were bought for a total amount of Rs. 80000010.

With this acquisition, the shareholding of K. Ramachandra Reddy has increased from 5720814 (3.83%) to 7498592 (4.97%). The shares were acquired during the period 4/25/2019 to 4/25/2019.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
K. Ramachandra Reddy	1777778	4/25/2019 to 4/25/2019	5720814 (3.83%)	7498592 (4.97%)

Shares of the company was last trading in BSE at Rs.17.8 as compared to the previous close of Rs. 17.4. The total number of shares traded during the day was 477290 in over 85 trades.

The stock hit an intraday high of Rs. 18.35 and intraday low of 17.5. The net turnover during the day was Rs. 8592797.

Source : Equity Bulls

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