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In the past year, Macrotech Developers stock has surged 152 percent, outperforming the benchmark Nifty which has gained 30 percent during the period ....
As on September 2022, promoters had 82.20 per cent stake in the company and they needed to bring it down to 75 per cent in order to maintain the minimum 25 per cent public shareholding. ....
Macrotech Developers said its board has approved and finalised the confirmation of allocation note to be sent to the eligible qualified institutional buyers, intimating them of transfer of shares pursuant to the offer ....