The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nirmal V Shah
CHEMBONDCH · price
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Nirmal V. Shah, Promoter and Managing Director of Chembond Chemicals Ltd, has purchased 1,000 equity shares of the company through the open market on NSE on August 11, 2025. The disclosure is filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. His holding increased marginally from 36,03,286 shares to 36,04,286 shares, with his stake remaining at 13.40% of the total share capital. There are no encumbrances (pledges) on his shares. The company's total equity share capital stands at Rs. 13.44 crore, comprising 2,68,96,576 shares of Rs. 5 each.
This is a small open-market purchase by the promoter that signals confidence in the company, though the negligible change in stake (still 13.40%) is unlikely to materially affect the stock price.