Lippi Systems Capital Structure Change
Erstwhile promoters Kunal Agrawal and Neha Sanghvi sold 85,107 Lippi Systems shares off-market. Their post-sale holdings stand at nil.
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Erstwhile promoters Kunal Agrawal and Neha Sanghvi sold 85,107 Lippi Systems shares off-market. Their post-sale holdings stand at nil.
Lippi Systems approved the allotment of 65,00,000 convertible equity warrants to promoters on a preferential basis, aggregating to ₹36.95 Crore.
New acquirers led by Vinesh Shivji Dholu acquired a 49.77% stake in Lippi Systems Ltd via SPA and Open Offer. Consequently, they became part of the promoter group.
Guttikonda Rajasekhar and others acquired equity shares of Lippi Systems Ltd via open market. The total holding increased to 9.82% after the transaction.