Promoters Of R K SWAMY Buy Out US- Based Evanston Pioneer Fund’s 3.56% Shares

Promoters of R K SWAMY, India’s only Integrated Marketing Services Group listed on the main board of the country’s two main stock exchanges- BSE and NSE, have bought 3.56% of shares held by Evanston Pioneer Fund, a US entity that had invested in the Group in 2018-19. 

Srinivasan K Swamy and Narasimhan K Swamy concluded the transaction on December 27, 2024 at the market price of Rs 249.64 per share.

With this buy out, the Promoter and Promoter Group now hold 69.6% of the equity paid up capital of R K SWAMY.

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