Pursuant to Regulation 7(2)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations) we are enclosing herewith the disclosure received to the Company under Regulation ....
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Gajanan Securities Services Ltd has submitted a disclosure to BSE under Regulation 7(2)(b) of SEBI's Prohibition of Insider Trading Regulations, 2015. The disclosure was received from promoter Vinay Kumar Agarwal under Regulation 7(2)(a) in Form C, relating to a purchase of equity shares of the company. The company has forwarded this insider trading disclosure to the stock exchanges for their records.
This is a routine insider trading compliance filing confirming that a promoter has bought shares in the company. Such promoter buying is generally viewed as a positive signal of insider confidence, though the specific number of shares and value were not legible in the submitted Form C attachment.