Mithun Sacheti acquires stake in Arihant Foundations while Rajasthan Gases divests shares

Mithun Sacheti, the founder of Caratlane, and Siddhartha Sacheti have acquired a 1.75% stake in Arihant Foundations and Housing Ltd. They purchased 1.74 lakh shares each at Rs 685 per share through a block deal on November 29.

Monet Securities Private Ltd facilitated the sale of a total of 3.48 lakh shares in two tranches. As a result of this transaction, the shares of Arihant Foundations and Housing Ltd closed nearly 5% higher at Rs 715.85.

In a separate transaction, Rajasthan Gases Limited sold 1.1 crore shares of Gujarat Natural Resources Limited at an average price of Rs 24.53 per share. Prior to the sale, Rajasthan Gases held a 16.94% stake in the company. Interestingly, Ravi Omprakash Agrawal purchased the same number of shares at the same price, indicating significant trading activity in the market.

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