Insider Trading & SAST disclosures for Syndicate Bank [Merger]
The latest disclosure under SEBI Prohibition of Insider Trading regulations was made by
President of India Ministry of Finance Government of India in Syndicate Bank [Merger] where Acquisition of 375,976,691
Equity done at an average price of Rs. 75.5
was reported to the exchange on April 9, 2018.
The latest disclosures under SEBI SAST(Substantial Acquisition of Shares and Takeovers) Regulations, 2011 transaction was made by
President of India,Government of India,Ministry of Finance Department of Financial Services,Delhi in Syndicate Bank [Merger] where Acquisition of 454,622,802
shares done
was reported to the exchange on April 1, 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 |
|
President of India,Government of India,Ministry of Finance Department of Financial Services,Delhi
|
Promoter |
Acquisition |
01 Apr 2019 |
454,622,802 |
2,106,179,287
(84.66%)
|
3.43%
|
|
-
|
29 Mar 2019
29 Mar 2019 |
SAST (29(2)) |
- |
Pref. Allotment |
|
President of India
|
Promoter |
Acquisition |
24 Dec 2018 |
183,699,217 |
1,219,238,605
(76.16%)
|
3.09%
|
|
-
|
19 Dec 2018
19 Dec 2018 |
SAST (29(2)) |
- |
Pref. Allotment |
|
President of India Ministry of Finance Government of India
|
Promoter |
Acquisition |
09 Apr 2018 |
375,976,691 |
1,035,539,388
(73.07%)
|
26.53%
|
75.5 |
28,389,999,937.41
|
05 Apr 2018
05 Apr 2018 |
Insider Trading |
Equity |
Preferential Offer |
|
President of India,Government of India,Ministry of Finance,Department of Financial Services
|
Promoter |
Acquisition |
28 Mar 2018 |
375,976,691 |
1,035,539,388
(73.07%)
|
9.73%
|
|
-
|
27 Mar 2018
27 Mar 2018 |
SAST (29(2)) |
- |
Pref. Allotment |
|
Life Insurance Corporation of India
|
Other |
Acquisition |
30 Dec 2017 |
42,546,102 |
144,534,988
(13.88%)
|
4.08%
|
|
-
|
01 Apr 2016
28 Dec 2017 |
SAST (29(2)) |
- |
Qualified Institutional Placement (qip) |
|
President of India Ministry of Finance Government of India Department of Financial Services New Delhi
|
Promoter |
Acquisition |
17 Oct 2016 |
106,039,901 |
659,562,697
(72.92%)
|
7.48%
|
73.2 |
7,760,000,000
|
13 Oct 2016
13 Oct 2016 |
Insider Trading |
Equity Shares |
Preferential Offer |
|
President of India Ministry of finance Government of India Department of Financial Services New Delhi
|
Promoter |
Acquisition |
13 May 2016 |
95,127,908 |
553,522,796
|
6.71%
|
77.8 |
7,400,000,000
|
12 May 2016
|
Insider Trading |
Equity Shares |
Preferential Offer |
|
President of India,Government of India,Ministry of Finance,Department of Financial Services
|
Promoter |
Acquisition |
13 May 2016 |
95,127,908 |
553,522,796
(69.32%)
|
4.15%
|
|
-
|
12 May 2016
12 May 2016 |
SAST (29(2)) |
- |
Pref. Allotment |
|
Life Insurance Corporation of India
|
Other |
Acquisition |
01 Apr 2016 |
41,312,457 |
101,988,886
(14.50%)
|
5.87%
|
|
-
|
01 Apr 2016
01 Apr 2016 |
SAST (29(2)) |
- |
Pref. Allotment |
*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.