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.
Company Name | CMP |
---|---|
KSB | 4521.90 |
Elgi Equipments | 625.05 |
Dynamatic Tech | 7752.10 |
Kirloskar Pneumatic | 1060.80 |
Ingersoll Rand | 4279.90 |
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