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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Awaiting price reaction for this filing.
Nirmal V. Shah, Promoter and Managing Director of Chembond Chemicals, purchased 12,906 equity shares of the company through the open market on BSE/NSE. The buying was done in two tranches — 2,514 shares on August 6, 2025, and 10,392 shares on August 7, 2025. His stake in the company rose marginally from 13.35% to 13.40%, increasing his total holding to 36,03,286 shares. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations. No encumbrance or pledge is involved in this transaction.
This is a small open-market purchase by the promoter signalling continued confidence in the company, but the 0.05% increase in stake is too minor to materially affect share price or shareholder value.