Worth Peripherals Limited has informed the Exchange about General Updates for Acquisition of the Company Shares.
WORTHPERI · price
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Worth Peripherals Limited has disclosed that Mr. Raminder Singh Chadha, who serves as Promoter, Chairperson and Whole-Time Director, acquired 6,391 equity shares of the company through an open market transaction. The company stated that this acquisition is within the prescribed limits under SEBI regulations including the Insider Trading Regulations and Takeover Regulations. The disclosure was made voluntarily to keep stakeholders informed about promoter group transactions, with the company committing to notify exchanges promptly if any future acquisition triggers disclosure thresholds.
This indicates the promoter is actively buying shares in the open market, which could signal confidence in the company's prospects. However, the small quantity of 6,391 shares suggests a modest incremental stake purchase rather than a major change in ownership.