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Friday, February 04, 2011

Savita Oil Technologies Ltd: Acquisition of Shares

Savita Oil Technologies Ltd has informed BSE that one of the Promoters of the Company, Mr. Gautam N. Mehra has informed the Company that he has purchased 172 shares of the Company as per the following details:

1. Name of the Buyer : Mr. Gautam N. Mehra (Mehra Syndicate)
- Date of purchase : February 02, 2011
- Quantity of purchase : 172
- Rate of purchase : @ Rs. 502.00 + Brokerage
- Brokerage house : Motilal Oswal Securities Ltd., Mumbai

With the aforesaid acquisition of 172 shares, the holding in the name of Mr. Gautam N. Mehra (Member of Mehra Syndicate) has increased to 88,80,284 shares resulting into 60.815% of the paid up share capital of the Company and accordingly Promoters holding has increased to 1,04,45,553 resulting into 71.53% of the paid up share capital of the Company.

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