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IL&FS Financial hikes stake in Dynamatic Technologies to 19.21%

06 Jul 2012 Evaluate

IL&FS Financial Services has increased its shareholding in Dynamatic Technologies to 19.21 percent following a fresh pledge of 5.5 lakh shares by the promoters of the company.

Post the transaction, IL&FS Financial Services now has 10.4 lakh shares, including the freshly-pledged shares, while IL&FS Financial Services had 9.05 percent stake or 4.9 lakh shares in the company before the latest transaction.

As on March 31, 2012, promoters of Dynamatic Technologies had 55.32 percent stake in the company.

Dynamatic Technologies is engaged in the activity of manufacturing hydraulic gear pumps. It is also engaged in manufacturing a variety of advanced hydraulic valves, hydraulic pumping units, custom-made hydraulic solutions, marine power packs, turnkey industrial instrumentation, and complicated aircraft ground-support systems.

Dynamatic Tech Share Price

10328.45 5.30 (0.05%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Kirloskar Brothers 1764.10
KSB 966.60
Shakti Pumps (I) 573.95
Elgi Equipments 549.00
Kirloskar Pneumatic 1264.85
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