Who wrote this article?

Aakash Agarwal, Capitalmind's research team.

Ashish Dhawan sells stake in Greenply Industries & Megasoft

6 Apr 2016Aakash Agarwal1 min read

Quick Facts

What is "Ashish Dhawan sells stake in Greenply Industries & Megasoft" about?
What category is this article in?: Stocks
Who wrote this article?: Aakash Agarwal, Capitalmind's research team.
When was this article published?: Published 6 April 2016.
How long does this article take to read?: 1 min read
What topics does this article cover?: Ashish Dhawan, GREENPLY
What does the "[Greenply Industries](http://snap.capitalmind.in/#/nse/GREENPLY)" section say?: Greenply Industries Limited (GIL) is India's largest interior infrastructure company. Greenply manufacturers various interior infrastructure products such as plywood, block board, decorative laminates, decorative veneers, medium-density fiberboards (MDF), Laminate flooring and restroom cubicles.
What does the "[Megasoft](http://snap.capitalmind.in/#/nse/MEGASOFT)" section say?: This is a transnational technology company, focused on telecom. XIUS, the US based telecom division of Megasoft is a leader in delivering innovative, revenue-generating solutions to Mobile Operators, MVNEs and MVNOs worldwide.
What does the "Disclaimer" section say?: Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.

Greenply Industries

Greenply Industries Limited (GIL) is India’s largest interior infrastructure company. Greenply manufacturers various interior infrastructure products such as plywood, block board, decorative laminates, decorative veneers, medium-density fiberboards (MDF), Laminate flooring and restroom cubicles.

Ashish Dhawan aka Big Whale sold 1,028,227 shares or 4.26%. As of December, 2015 he held 967,664 shares or 4.01%.

The current investors also include another Big Whale Akash Bhansali and Jwalamukhi Investment Holdings which just purchased a huge stake in Relaxo Footwear.

Megasoft

This is a transnational technology company, focused on telecom. XIUS, the US based telecom division of Megasoft is a leader in delivering innovative, revenue-generating solutions to Mobile Operators, MVNEs and MVNOs worldwide.

The company has strong product engineering, software and product development capabilities and has operations in the US, Singapore, Malaysia and in Hyderabad & Chennai in India.

Ashish Dhawan aka Big Whale sold 633,037 shares or 1.43% thereby bringing his shareholding down to 2921732 shares or 6.60%.

Megasoft has been in the news since – XIUS, India’s major supplier of telecom and mobile payments technology and United Kingdom’s Hebitel Ltd, a global provider of MVNO management consulting services today announced a partnership to help companies launch Mobile Virtual Network Operators (MVNOs) in India.

Ashish Dhawan Greenply Industries Megasoft Deal April 2016

Disclaimer

Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.