Covance Softsol Promoter Buying (Off-Market)
Mr. Sambasiva Rao Madala (promoter group) acquired 46,24,704 shares of Covance Softsol Ltd via an off-market gift from Mrs. Durga V L K Madala.
- Promoter stake change
- +20.89%
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Mr. Sambasiva Rao Madala (promoter group) acquired 46,24,704 shares of Covance Softsol Ltd via an off-market gift from Mrs. Durga V L K Madala.
Covance Softsol Limited has issued the notice for its 3rd Annual General Meeting. The meeting is scheduled to be held on September 30, 2026.
Promoter group member Sambasiva Rao Madala acquired 46.25 lakh shares of Covance Softsol Ltd via an off-market gift. The total promoter stake remains unchanged at 71.71%.
Promoter Mrs. Durga V. L. K. Madala transferred shares by way of gift to an immediate relative, reducing her stake in Covance Softsol Limited.
Promoter Sambasiva Rao Madala proposes to acquire 20.88% of Covance Softsol Limited shares via an off-market gift from Durga V L K Madala.
Covance Softsol Ltd reported revenue from operations of ₹29.3 Cr (-12.0% YoY) and net profit of ₹12.6 Cr (+61.5% YoY) for Q1 FY27.
Covance Softsol Limited scheduled a board meeting for August 14, 2026, to consider the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026.