Riddhi Siddhi Gluco Biols Promoter Selling
Riddhi Siddhi Gluco Biols Ltd sold 823,422 shares via an offer-for-sale by promoter Vital Connections LLP. The deal trims promoter stake to meet SEBI public‑shareholding norms.
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Riddhi Siddhi Gluco Biols Ltd sold 823,422 shares via an offer-for-sale by promoter Vital Connections LLP. The deal trims promoter stake to meet SEBI public‑shareholding norms.
Riddhi Siddhi Gluco Biols revised its OFS seller to Vital Connections LLP for MPS compliance. The change does not affect the share volume or post-OFS structure.
Riddhi Siddhi Gluco Biols promoter Mr. Ganpatraj Chowdhary intends to sell 8,23,422 shares (11.55% stake) via an Offer for Sale (OFS). This transaction aims to comply with Minimum Public Shareholding (MPS) norms following a Securities Appellate Tribunal order. The move will increase public shareholding to the mandated 25%.