Form 4: SS Innovations International: Director Sudhir Srivastava Acquires Shares Through Sushruta Pvt. Ltd.
SEC Form 4 Filing
Sudhir Srivastava, Chairman and CEO of SS Innovations International, reports acquiring 84,837 shares of common stock indirectly through Sushruta Pvt. Ltd. on July 1, 2024.
Summary
- On July 1, 2024, Sudhir Srivastava, Chairman and CEO of SS Innovations International, acquired 84,837 shares of common stock.
- The acquisition was made indirectly through Sushruta Pvt. Ltd.
- Following the transaction, Mr. Srivastava indirectly owns 117,644,550 shares of SS Innovations International common stock through Sushruta Pvt. Ltd.
- Mr. Srivastava has a 100% interest in Sushruta PVT LTD.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction, and carries a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence as it indicates insider investment in the company.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Sudhir Srivastava acquired 84,837 shares of common stock through Sushruta Pvt. Ltd. |
| 07/03/2024 | Date of signature on the Form 4 filing. |
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