Roadzen shares rise 11.11% intraday after director purchases 12,000 shares.

Roadzen surged 11.11% intraday after its CEO and 10% owner, Rohan Malhotra, acquired 12,000 ordinary shares at a weighted average price of $1.43, totaling $17,160. The purchase, disclosed via an SEC Form 4 filing, increased Malhotra’s direct holdings to 6,436,322 shares and indirect ownership (via Avacara Pte Ltd. and RM Securities LLC) to 17,623,067 shares. Insider buying by a major shareholder is typically interpreted as a bullish signal, suggesting confidence in the company’s prospects. The timing of the transaction on November 21, 2025, coincided with the stock’s intraday rally, indicating the market reacted positively to the insider’s commitment.