Intimation under Regulation 7(2) (B) of SEBI (PIT) 2015 by Ms Kavita Chandra a member of Promotor Group.
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Awaiting price reaction for this filing.
Scan Projects Ltd has submitted a disclosure under Regulation 7(2)(B) of the SEBI (Prohibition of Insider Trading) Regulations 2015 on the BSE. The intimation has been made by Ms Kavita Chandra, a member of the promoter group, relating to a trade in the company's shares. The headline does not specify whether the transaction was a purchase or sale, nor does it disclose the quantity of shares or the price. This is a routine regulatory filing required when promoter group members trade in the company's stock.
The filing is a routine insider trading disclosure and on its own carries limited information for investors. Shareholders should wait for the detailed disclosure to see the nature of the trade (buy or sell) and the quantum, which will help gauge promoter sentiment toward the stock.