The Company has received disclosure dated 16.06.2025 under Regulation 7(2) from Mr. Siddhartha Bardia, promoter group, for market purchase of shares of the Company.
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Krypton Industries Ltd has received a disclosure dated June 16, 2025 under Regulation 7(2) of the SEBI Takeover Regulations from Mr. Siddhartha Bardia, a member of the promoter group. The disclosure pertains to a market purchase of shares of the company by him. The company itself did not buy back shares; this is a promoter-group buy on the open market. No specific details on the number of shares acquired or the transaction value were available in the document provided.
This is a positive signal for retail investors as it indicates promoter-group confidence in the company's prospects. Promoter buying is generally viewed favorably by the market, though the actual impact depends on the size of the purchase relative to total promoter holding.