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Business News/ Markets / Stock Markets/  Radhakishan Damani raises shareholding in this cigarette company in Q2FY22
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Radhakishan Damani raises shareholding in this cigarette company in Q2FY22

Radhakishan Damani portfolio: According to VST Industries shareholding pattern for Q2FY22, Radhakishan Damani holds 2,51,484 shares or 1.63 per cent stake in the company

Radhakishan Damani portfolio: The ace stock market investor bought 1.63 per cent stake in the cigarette maker and distributor company in personal capacity.Premium
Radhakishan Damani portfolio: The ace stock market investor bought 1.63 per cent stake in the cigarette maker and distributor company in personal capacity.

Radhakishan Damani portfolio: After the end of September 2021 quarter, listed companies have been announcing their shareholding pattern. Similarly, VST Industries shared his recent shareholding data which showed that Radhakishan Damani has bought fresh stake in the company in July to September 2021 quarter. 

The ace stock market investor bought 1.63 per cent stake in the cigarette maker and distributor company in personal capacity. According to VST Industries shareholding pattern for Q2FY22, Radhakishan Damani holds 2,51,484 shares of the Hyderabad-headquartered company, which is 1.63 per cent of the total issued paid up capital of the company. 

As per the shareholding pattern of the company for April to June 2021 quarter, Radhakishan Damani's name was not in the individual shareholders' list. So, the ace investor bought these fresh shares in personal capacity in July to September period.

However, Radhakishan Damani has investments in this company for long. He has investments in this company through his company Bright Star Investments Private Limited. As per the shareholding pattern of VST Industries, Bright Star Investments Private Limited holds 401,07,118 shares or 25.95 per cent stake in the company. The Vijay Kedia company held same percentage of stake in the company in June 2021 quarter. That means bought 1.63 per cent VST Industries shares in personal capacity keeping his company’s stake unchanged in the recently ended September 2021 quarter.

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ABOUT THE AUTHOR
Asit Manohar
Chief Content Producer at Live Mint Digital Team
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Published: 12 Oct 2021, 02:35 PM IST
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