Saltoro Alpha Acquires 2.5% Stake in Ashapura Minechem

Saltoro Alpha Acquires 2.5% Stake in Ashapura Minechem

Saltoro Alpha LP has purchased 11.9 lakh shares, equivalent to a 2.5% stake in Ashapura Minechem Ltd, at Rs 249.1 per share. The transaction occurred as Copthall Mauritius Investment Ltd offloaded the same stake at the same price. Following this development, Ashapura Minechem’s stock rose by 2.28%, closing at Rs 254 per share on November 22.

In another significant trade, Maple Leaf Trading and Services acquired 4.2 lakh shares (2.64% stake) in Shree Pushkar Chemicals & Fertilisers Ltd at Rs 267 per share, while India Max Investment Fund Ltd sold an equal stake at the same price. Despite the activity, Shree Pushkar Chemicals’ stock ended lower by 1.5%, closing at Rs 266.

Meanwhile, Discovery Global Opportunity Mauritius Limited purchased 2.5 lakh shares (0.62% stake) of Protean eGov Technologies Ltd at Rs 1,728.2 per share. Protean’s stock saw a decline, closing at Rs 1,739 per share, down 6.01% for the day.

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Source: Moneycontrol

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