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Change in Substantial Holding for Shree Minerals’ Stakeholder

Story Highlights
  • Sanjay Kumar Loyalka’s voting power in Catalina Resources Ltd decreased from 7.19% to 6.55%.
  • The reduction in voting power may affect Loyalka’s influence in company decisions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Shree Minerals Limited ( (AU:CTN) ) has shared an update.

Shree Minerals Limited has announced a change in the substantial holding of Sanjay Kumar Loyalka in Catalina Resources Ltd. The change in interest is due to the allotment of new shares to other parties, which has reduced Loyalka’s voting power from 7.19% to 6.55%. This adjustment in shareholding may impact Loyalka’s influence within the company, potentially affecting decision-making processes and strategic directions.

More about Shree Minerals Limited

Current Market Cap: A$3.03M

Learn more about CTN stock on TipRanks’ Stock Analysis page.

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