5paisa Capital’s promoter - Nirmal Bhanwarlal Jain has increased his stake through an open market purchase. He has acquired an additional 50,000 equity shares of the company.
Post-acquisition, the entity’s holding increased from 30.01% to 30.4%. On the other hand, Satpal Khattar sold its complete stake of 1.94% or 246,861 shares of the company at Rs 190 per share in the open market.
5paisa Capital is one-stop shop catering to the needs of consumers of financial services by facilitating an efficient investment experience through its platform 5paisa.com. It is amongst the early entrants into online, discount broking space.
