tiprankstipranks
Advertisement
Advertisement

Infotrust Director Increases Indirect Shareholding via On-Market Purchases

Story Highlights
  • Infotrust director Shan Shamsher Kanji increased his indirect shareholding via 263 Finance Pty Ltd.
  • On-market purchases in March 2026 added 78,096 shares, modestly boosting Kanji’s total holding to 74.58 million.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Infotrust Director Increases Indirect Shareholding via On-Market Purchases

Claim 55% Off TipRanks

An update from Spirit Technology Solutions Ltd. ( (AU:ITS) ) is now available.

Infotrust Ltd has disclosed a change in the indirect shareholding of director Shan Shamsher Kanji, lodged with the ASX under listing rule obligations. The interests are held through 263 Finance Pty Ltd, whose parent is owned by a trustee of a trust in which Kanji is a potential beneficiary.

Across on-market purchases on 16 and 17 March 2026, the indirect holding increased by a total of 78,096 fully paid ordinary shares, lifting Kanji’s interest from 74,501,700 to 74,579,796 shares. The transactions, executed for a combined cash consideration of about $35,146, signal a marginal increase in director alignment with shareholders, with no associated changes in contracts or trading during a closed period.

The most recent analyst rating on (AU:ITS) stock is a Buy with a A$0.62 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 is an ASX-listed company, though the release provides no details on its specific industry, core products, or services. The notice focuses solely on director shareholdings and does not elaborate on the firm’s operational activities or market positioning.

Average Trading Volume: 27,876

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$86.53M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1