Erstwhile promoters of Poonawalla Fincorp Limited sell 50 lakh shares

Poonawalla Fincorp Limited (Formerly, Magma Fincorp Limited) has announced that the old Promoters, Celica Developers Private Limited (owned and controlled by Mr. Sanjay Chamria and Mr. Mayank Poddar) have sold 50,00,000 shares constituting 0.65% of the Share Capital of the Company on 20 August 2021.

Shares of Poonawalla Fincorp Limited (Formerly, Magma Fincorp Limited) was last trading in BSE at Rs. 190.25 as compared to the previous close of Rs. 194.2. The total number of shares traded during the day was 146888 in over 796 trades.

The stock hit an intraday high of Rs. 195 and intraday low of 187.05. The net turnover during the day was Rs. 28174287.

Source : Equity Bulls

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