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V-Mart Retail is engaged in the business of Value Retailing through the chain of stores situated at various cities in India.
V-Mart Retail's promoter, Lalit Agarwal, acquired 1.97 Cr Compulsory Convertible Debentures of Conquest Business Service Pvt. Ltd. (a promoter group entity) as an off-market gift, without consideration. This increased his holding in CBSPL's convertible debentures from 57.09% to 71.00%, strengthening his indirect control over V-Mart Retail.
V-Mart Retail Limited disclosed some insider trading activity. Please check pdf for more details.
Lalit Agarwal has acquired 13,908 equity shares of Conquest Business Service Pvt. Ltd. (CBSPL), the promoter company of V-Mart Retail Limited, through a gift transfer from Madan Gopal Agarwal. While the equity shares transfer is complete, 1,97,33,161 compulsorily convertible debentures (CCDs) are pending transfer due to a technical issue and...
Lalit Agarwal, a promoter of V-Mart Retail Limited, sold 41.68 lakh equity shares representing 5.25% of the company's paid-up capital to immediate relatives through an inter-se transfer. Following this sale, his holding reduced to 9.41 lakh shares (1.18%). This move alters promoter shareholding but does not impact overall equity capital.
Madan Gopal Agarwal acquired 13,908 equity shares and 1,97,33,161 compulsory convertible debentures of Conquest Business Service Pvt. Ltd. (CBSPL), the promoter company of V-Mart Retail Limited, through an off-market transaction due to partition of HUF, without consideration. This transfer involved shifting holdings from the Madan Gopal Agarwal HUF to Madan...