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, the Promoter and Managing Director of Chembond Chemicals, has purchased 8,173 equity shares of the company through the open market on the NSE across two trading sessions — 2,173 shares on November 6, 2025 and 6,000 shares on November 7, 2025. As a result, his stake in the company rose marginally from 13.54% to 13.57% (36,41,876 shares to 36,50,049 shares). The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations. No encumbrance or pledge was created on the acquired shares.
This is a small open-market purchase by the promoter, signalling continued insider confidence but involving a negligible change in shareholding (~0.03%). It is unlikely to materially affect the stock price, though it reflects the promoter's steady, incremental accumulation.