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Geekay Wires Discloses Promoter-Related Market Purchase of Shares

Story Highlights
  • Geekay Wires manufactures galvanized steel wires and fasteners in India.
  • Promoter relative Renu Kandoi bought 12,351 Geekay Wires shares on market, disclosed under SEBI rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Geekay Wires Discloses Promoter-Related Market Purchase of Shares

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Geekay Wires Ltd. ( (IN:GEEKAYWIRE) ) has issued an update.

Geekay Wires Ltd. has disclosed a material event under securities regulations, informing the stock exchange that Mrs. Renu Kandoi, an immediate relative of a company director and part of the promoter group, has purchased 12,351 company shares on the market. The transaction, reported in compliance with SEBI’s listing and insider trading disclosure requirements, signals continued promoter-group interest in the company’s equity and reinforces transparency obligations toward investors and regulators.

More about Geekay Wires Ltd.

Geekay Wires Ltd., formerly Geekay Wires Pvt. Ltd., is an ISO 9001:2015-certified manufacturer of galvanized steel wire, wire products, bulk and collated nails, and stainless-steel nuts and bolts, operating multiple production units in Telangana and serving industrial customers in steel wire and fastener markets.

Average Trading Volume: 122,078

Technical Sentiment Signal: Hold

Current Market Cap: 3.36B INR

For detailed information about GEEKAYWIRE stock, go to TipRanks’ Stock Analysis page.

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