SG Finserv shares rise nearly 20% after top investor Madhu Kela's bulk stake purchase
2 Articles
2 Articles
Madhusudan Kela Buys 1.7% Stake In SG Finserve In Bulk Deal
Veteran investor Madhusudan Murlidhar Kela acquired 9.51 lakh shares, or a 1.7% stake, in SG Finserve Ltd. at Rs 350.01 per share in a bulk deal on the BSE on Monday. Meanwhile, Dinesh Pareekh sold 3 lakh shares, representing a 0.53% stake, at Rs 350 per share.SG Finserve is a tech-enabled, Reserve Bank of India-registered non-banking financial company that provides business financing solutions to channel partners such as dealers, distributors, …
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