Fortitude Trade 's Insider Trades & SAST Disclosures
Fortitude Trade 's most recent trade in Adani Power Ltd. was a Acquisition of 3,600,000 Equity Shares done at an average price of Rs. 341.3 . Disclosure was reported to the exchange on Sept. 6, 2023 under the SEBI (Prohibition of Insider Trading) Regulations, 2015.
Fortitude Trade 's has made SAST transactions in Adani Power Ltd. recently where a Acquisition of 85,047,000 shares done . Disclosure was reported to the exchange on Sept. 28, 2023.
| Stock | Client Name | Client Category | Action* | Reported To/By Exchange | Quantity | Post Transaction Holding | Traded % | Avg. Price | Value | Period | Regulation (Insider/SAST) | Security Type | Mode |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Adani Power | Fortitude Trade & Investment Ltd & PACs | Promoter | Acquisition | 28 Sep 2023 | 85,047,000 | 2,664,659,567 (69.09%) | 2.21% | - | 05 Sep 2023 25 Sep 2023 |
SAST (29(2)) | - | Market | |
| Adani Power | Fortitude Trade and Investment Ltd. | Promoter Group | Acquisition | 06 Sep 2023 | 3,600,000 | 3,600,000 (0.09%) | 0.09% | 341.3 | 1,228,843,096 | 05 Sep 2023 05 Sep 2023 |
Insider Trading | Equity Shares | Market Purchase |
| Adani Energy | Fortitude Trade and Investment Ltd. | Promoter Group | Acquisition | 31 Dec 2020 | 30,249,700 | 30,249,700 (2.75%) | 2.75% | 425 | 12,856,122,500 | 29 Dec 2020 29 Dec 2020 |
Insider Trading | Equity Shares | Off Market |
| Adani Energy | Fortitude Trade & Investment Ltd | Promoter | Acquisition | 23 Dec 2020 | 30,249,700 | - | 2.75% | - | 29 Dec 2020 29 Dec 2020 |
SAST (10(1)(a)) | - | None |
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.
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.