Infotrust Director Increases Indirect Shareholding via On-Market Purchases

Spirit Technology Solutions Ltd. ( (AU:ITS) ) has shared an announcement.

Infotrust Ltd has disclosed a change in the indirect shareholding of director Shan Shamsher Kanji, lodged under ASX listing rule 3.19A.2. Kanji’s interest is held via 263 Finance Pty Ltd, whose parent is owned by the trustee of a trust in which he is a potential beneficiary.

Across a series of on-market purchases on 4, 5, 6, and 9 March 2026, the indirect holding increased through acquisitions totaling several hundred thousand shares in value. Following these trades, Kanji’s indirect stake stands at 74,302,251 fully paid ordinary shares, with the company confirming that the transactions did not occur during a closed period requiring prior clearance.

The most recent analyst rating on (AU:ITS) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Spirit Technology Solutions Ltd. stock, see the AU:ITS Stock Forecast page.

More about Spirit Technology Solutions Ltd.

Infotrust Ltd operates in the technology and data services sector, with its securities listed on the ASX. The company’s capital structure includes fully paid ordinary shares, and directors may hold interests both directly and indirectly through associated entities and trust arrangements.

Average Trading Volume: 29,993

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$85.58M

Find detailed analytics on ITS stock on TipRanks’ Stock Analysis page.