India, March 12 -- Kunal Bahl and Rohit Kumar Bansal, the promoters and directors of Unicommerce, have increased their stakes in the listed SaaS company by acquiring 93,500 additional shares from the open market.

In an exchange filing yesterday (March 11), Unicommerce said that Bahl acquired 46,500 shares of the company for INR 49.47 Lakh and Bansal bought 47,000 shares for INR 49.48 Lakh.

Bahl and Bansal already hold 10.75% stake in Unicommerce via their partnership firm B2 Capital Partners.

Besides the promoters, Unicommerce director Bharat Venishetti also bought 1,000 shares of the company from the open market yesterday.

Shares of Unicommerce were trading 1.51% higher at INR 107.75 on the BSE at 11:40 AM today.

(The story will be ...