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Kalink has increased its stake in Steel Strips Wheels under foreign portfolio investment.
The company stated that, Kalink Company has acquired 13,015 equity shares of the company during the quarter ended December 31,2017 through open market under foreign portfolio investment. The date of purchase of shares was November 30.
Kalink also has 2,09,525 equity shares in the company which was subscribed under foreign direct investment on June 10,2016. So now, Kalink is holding 2,22,540 equity shares (which represents 1.43% of total paid up equity) till date.
