Suchitra Lature boosts stake in Suyog Telematics via preferential allotment
Suchitra Lature, along with her PACs, has acquired 527,500 additional equity shares in Suyog Telematics Limited through a preferential allotment. This acquisition represents 4.55% of the company's fully diluted share capital post-allotment. The transaction, dated October 10, 2025, significantly increases their collective holding in the company.
Before this acquisition, Suchitra Lature held 5,680 shares, or 0.05% of the total share capital. Following the preferential allotment, her individual holding has risen to 533,180 shares, representing 4.55% of the expanded share capital. The total equity share capital of Suyog Telematics Limited post-acquisition is INR 117,171,200, consisting of 11,717,120 equity shares with a face value of INR 10 each.
The cumulative holding of Suchitra Lature and PACs now stands at 6,097,033 shares, which includes 400,000 shares in the nature of encumbrance, totaling 52.03% of the company's diluted share capital. The acquisition was executed via a preferential allotment, as stated in the disclosure filed with both BSE Limited and the National Stock Exchange of India Limited.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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