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Madhav Copper Discloses Promoter Share Sale Under SEBI Insider Trading Rules

Story Highlights
  • Madhav Copper reported that promoter Rajesh Patel sold part of his equity stake.
  • The company submitted SEBI-mandated insider trading disclosures to the NSE, signaling regulatory compliance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Madhav Copper Discloses Promoter Share Sale Under SEBI Insider Trading Rules

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The latest update is out from Madhav Copper Ltd. ( (IN:MCL) ).

Madhav Copper Limited has disclosed that one of its promoters, Rajesh Odhavjibhai Patel, has sold a portion of his equity stake in the company, as required under Regulation 7(2) of SEBI’s Prohibition of Insider Trading Regulations, 2015. The company has filed the necessary disclosure with the National Stock Exchange of India, signalling compliance with insider trading regulations and informing investors of a change in promoter shareholding, which may be monitored by stakeholders for any implications on ownership structure and governance.

More about Madhav Copper Ltd.

Average Trading Volume: 169,394

Technical Sentiment Signal: Strong Buy

Current Market Cap: 1.33B INR

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

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