Insider Trading & SAST disclosures for Gem Spinners India Ltd.
The latest disclosure under SEBI Prohibition of Insider Trading regulations was made by
R.VEERAMANI Re-Revised in Gem Spinners India Ltd. where Acquisition of 2,269,500
Equity Shares done at an average price of Rs. 1
was reported to the exchange on Aug. 29, 2019.
The latest disclosures under SEBI SAST(Substantial Acquisition of Shares and Takeovers) Regulations, 2011 transaction was made by
IDBI Bank Ltd in Gem Spinners India Ltd. where Disposal of 7,850,200
shares done
was reported to the exchange on Nov. 19, 2019.
Insider trades are disclosures under SEBI (Prohibition of Insider Trading) Regulations, 2015 ([Regulation 7 (2) with 6(2)] made by corporate insiders: promoters, officers, directors, employees and large shareholders who are buying and selling stock in their own companies.
| Client Name |
Client Category |
Action* |
Reported To/By Exchange |
Quantity |
Post Transaction Holding |
Traded % |
Avg. Price |
Value |
Period |
Regulation (Insider/SAST) |
Security Type |
Mode |
|
IDBI Bank Ltd
|
Other |
Disposal |
19 Nov 2019 |
7,850,200 |
-
|
12.79%
|
|
-
|
19 Jul 2010
03 Jul 2019 |
SAST (29(2)) |
- |
Off Market |
|
IDBI Bank Ltd
|
None |
Disposal |
15 Nov 2019 |
7,850,200 |
-
|
12.79%
|
|
-
|
19 Jul 2010
03 Jul 2019 |
SAST (29(2)) |
- |
Mkt. & Off Mkt. |
|
R.VEERAMANI Re-Revised
|
KMP |
Acquisition |
29 Aug 2019 |
2,269,500 |
14,961,666
(24.38%)
|
3.70%
|
1 |
2,269,500
|
31 Jul 2019
31 Jul 2019 |
Insider Trading |
Equity Shares |
Off Market |
|
R.VEERAMANI Revised
|
KMP |
Acquisition |
22 Aug 2019 |
2,269,500 |
14,961,666
(24.38%)
|
3.70%
|
0.0 |
1
|
31 Jul 2019
31 Jul 2019 |
Insider Trading |
Equity Shares |
Off Market |
|
R.VEERAMANI Revised
|
KMP |
Acquisition |
16 Aug 2019 |
2,269,500 |
14,961,666
(24.38%)
|
3.70%
|
0.0 |
4
|
31 Jul 2019
31 Jul 2019 |
Insider Trading |
Equity Shares |
Off Market |
|
R Veeramani
|
Promoter |
Acquisition |
02 Aug 2019 |
2,269,500 |
14,961,666
(24.38%)
|
3.70%
|
|
-
|
31 Jul 2019
31 Jul 2019 |
SAST (29(2)) |
- |
Off Market |
*Actions covered:
Acquisition (Buy): Purchase of shares
Disposal (Sell): Sale of shares
Pledge: Shares being used by promoters as collateral for loans. Usually a negative signal.
Revoke: When shares are released from a pledge. Usually a positive signal.
Invoke: When pledged shares are invoked by companies/banks who have provided the collateral, which may result in acquisition of stake in the company. Usually a negative signal.
Client Category: Promoter/ KMP/ Director / Immediate Relatives / Employee / etc
Security Type: Share/ Warrants / Convertible Debentures
Kind of transaction Mode: Public rights/ preferential offer / off market / inter-se transfer/ Market Sale
Data as reported to BSE and NSE
Insider trading data is from Disclosure under SEBI (Prohibition of Insider Trading) Regulations, 2015.