Vijay Kedia Buys New Atul Auto Shares Individually, Now Owns Over 16 Lakh Shares

Retail inventory market traders eagerly await the shareholding data of companies after the beginning of every new quarter, particularly for these which can be a part of the portfolio of market magnets. Retail traders have a look at Ace Investors’ portfolio to see the place the cash has migrated over the past quarter. There is a few constructive information for these inventory market traders. Vijay Kedia, a famend investor, elevated his curiosity in Atul Auto Ltd. Even although Dalal Street has given a number of multi-bagger shares previously yr, the ‘Market Moghul’ elevated his holding in Atul Auto shares. According to the Vijay Kedia portfolio replace, he bought new Atul Auto shares on a person foundation in the course of the quarter from January to March 2023.

Vijay Kedia owns 16,83,502 Atul Auto shares, or 7.05 per cent of the corporate’s complete paid-up capital, in line with the shareholding patterns of Atul Auto Ltd for the quarter from January to March 15, 2023. These shares are held individually by Vijay Kedia. Additionally, Vijay Kedia owns 3,21,512 shares of Atul Auto, or 1.35 per cent of this small-cap automaker, within the identify of his brokerage agency, Kedia Securities Private Limited. Therefore, Vijay Kedia’s complete possession curiosity in Atul Auto underneath the fifteenth 2023 shareholding sample is 8.40% (7.05 + 1.35).

Vijay Kedia had no particular person possession curiosity in any shares of Atul Auto Ltd in the course of the quarter from October to December 2022. Through Kedia Securities Private Limited, he had 3,21,512 Atul Auto shares or 1.47 per cent of this small-cap enterprise. As a end result, he bought new shares of Atul Auto in a private capability in the course of the January to March 2023 quarter whereas promoting his 0.12% funding within the agency that he had been holding by way of his firm, Kedia Securities Private Limited. Therefore, Kedia elevated his possession within the enterprise whereas promoting the shares of Atul Auto that his firm, Kedia Securities, had beforehand owned.

Vijay Kedia could have had Atul Auto shares in the course of the quarter from October to December 2022. It is inconceivable to know whether or not Kedia bought the entire firm’s shares at the moment since his possession could have been lower than 1% of the corporate’s web paid-up capital. According to change laws, a listed agency is required to reveal the names of particular person shareholders who personal 1% or extra of the corporate. However, it doesn’t reveal specifics on buying and promoting shares.

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