Hot Pursuit     20-Dec-22
Just Dial slips as RRVL intends 2% stake sell via open market
Just Dial declined 1.96% to Rs 610.15 after Reliance Retail Ventures (RRVL), company's promoter intended to sell equity shares of the company through open market for the purpose of complying with the requirements of minimum public shareholding.
As on 30 September 2022, the promoter and promoter group held 76.98% stake in Just Dial, of which RRVL held 66.40%. As per regulatory norms, the total promoter holding in a company must not exceed 75%.

RRVL shall be undertaking a sale of 16,86,119 equity shares constituting 2% of the total paid-up equity share capital of the company. RRVL intends to complete this sale of shares within a period of eight trading days beginning 21 December 2022.

Just Dial provides local search related services to users in India through multiple platforms such as Desktop/ PC website, mobile site, mobile apps (Android & iOS), over the telephone and text (SMS).

The company's consolidated net profit rose 58.49% to Rs 52.16 crore on 31.59% increase in net sales to Rs 205.26 crore in Q2 FY23 over Q2 FY22.

Previous News
  Just Dial gallops after Q2 PAT jumps 58% YoY
 ( Hot Pursuit - 17-Oct-22   11:36 )
  Just Dial to hold board meeting
 ( Corporate News - 11-Apr-24   09:14 )
  Volumes jump at Just Dial Ltd counter
 ( Hot Pursuit - 11-Jan-24   14:30 )
  Volumes soar at Polycab India Ltd counter
 ( Hot Pursuit - 11-Jan-24   11:00 )
  Volumes soar at Just Dial Ltd counter
 ( Hot Pursuit - 16-Jan-23   14:30 )
  Just Dial to declare Quarterly Result
 ( Corporate News - 08-Jul-23   10:35 )
  Just Dial allots 60,687 equity shares under ESOS
 ( Corporate News - 25-Jul-22   20:03 )
  Just Dial schedules board meeting
 ( Corporate News - 28-Apr-20   14:50 )
  Just Dial to declare Quarterly Result
 ( Corporate News - 12-Jul-22   14:26 )
  Just Dial reports consolidated net loss of Rs 3.52 crore in the June 2021 quarter
 ( Results - Announcements 17-Jul-21   07:46 )
  Just Dial standalone net profit rises 0.97% in the June 2018 quarter
 ( Results - Announcements 23-Jul-18   17:02 )
Other Stories
  Kaushalya Logistics spurts on inking LoI with McDonald’s
  27-Sep-24   15:37
  Marsons hits the roof on bagging order worth Rs 675 cr
  27-Sep-24   15:27
  Rites bags order worth Rs 100-cr from Adani Ports & SEZ
  27-Sep-24   15:26
  Reliance Power jumps 56.78% in eight days
  27-Sep-24   15:21
  Home First Finance Company India Ltd leads losers in 'A' group
  27-Sep-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  27-Sep-24   14:45
  BPCL climbs 13% in six days
  27-Sep-24   14:35
  Volumes spurt at Westlife Foodworld Ltd counter
  27-Sep-24   14:30
  Real Estate stocks edge lower
  27-Sep-24   14:00
  Telecom stocks edge lower
  27-Sep-24   14:00
Back Top