Chemo Pharma Laboratories Ltd. has announced that Atibha Agriseeds Private Limited, a company promoter, has increased its stake by purchasing 48,781 equity shares via open market operations.

This transaction, valued at 4,878,100, raises the promoter's holding from 24.63% to 27.88% of the total share capital.

This strengthens the promoter's ownership in the company, a move often viewed positively by shareholders as it signals increased commitment and confidence in the company's future prospects.