Purchase of Shares of the company from open market by the members of promoter and promoter group on 09th June, 2026.
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Three members of the promoter and promoter group of Recode Studios Ltd bought equity shares from the open market on 09 June 2026. Mr. Dheeraj Bansal (Managing Director) acquired 13,600 shares, raising his holding to 7,57,112 shares (7.11%). Mr. Karan Bansal bought 4,000 shares, taking his holding to 3,81,820 shares (3.59%). Mrs. Surekha Singla purchased 10,400 shares, holding 0.0977% post-acquisition. The total shares bought by promoter entities in this transaction stand at 28,000 shares. The disclosure was made under SEBI Insider Trading Regulations.
This is a positive signal showing insider confidence, as promoters are increasing their stake using personal funds. Such open-market buying by promoters is generally viewed favorably by retail investors as it indicates belief in the company's future prospects.