Chembond Chemicals Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011
CHEMBONDCH · price
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Mr. Sameer V. Shah, Promoter & Director, transferred 29,39,017 equity shares (10.93% of share capital) of Chembond Chemicals to Mr. Nirmal V. Shah, Promoter & Managing Director, on December 29, 2025. The transfer was made by way of gift through an off-market transaction, with no consideration involved. As a result, Nirmal V. Shah's stake rose from 15.03% (40,42,396 shares) to 25.96% (69,81,413 shares), while Sameer V. Shah's stake dropped from 12.37% (33,27,674 shares) to just 1.44% (3,88,657 shares). The purpose stated is reorganization and realignment of shareholding within the promoter group under Regulation 10(1)(a)(i) of SEBI Takeover Regulations, which exempts the transaction from open offer requirements. The initial disclosure under Regulation 10(5) was filed on December 18, 2025.
This is a reshuffling of shares within the promoter family rather than a change in overall promoter control, so there is no direct material impact on minority shareholders or stock price. Nirmal V. Shah consolidates his position as the largest individual promoter holder, while Sameer V. Shah's role as a significant equity holder is reduced.