Announced Mon, 24 Nov · 17:07 IST

Please find attached herewith a disclosure received by the company from Mr Parasram Jhamnani, Promoter of the Company, in respect of the disposal of his entire shareholding of 563639 Equity ....

Promoter Stake Sell 1pctOwnership Changes View source PDF

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AI summary

Mr. Parasram Jhamnani, a promoter of Chambal Breweries & Distilleries Ltd, has sold his entire stake of 5,63,639 equity shares, which represents 7.53% of the company's total paid-up equity share capital. The disposal was carried out through an off-market transfer on November 20, 2025. After this transaction, his shareholding in the company has come down to zero from 7.53%. The disclosure has been filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011. The company's total equity share capital remains at 74,88,758 shares.

Likely market impact

A complete exit by a promoter is generally viewed as a negative signal by the market and may put short-term pressure on the stock price. Retail investors should monitor who the buyer is, as an off-market sale typically means the shares have moved to a known entity, which could be another promoter group member or a strategic investor.