The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nirmal Vinod Shah, Nirmal V Shah HUF
CHEMBOND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
On 11 December 2025, promoter and director Nirmal Vinod Shah bought 7,317 equity shares of Chembond Material Technologies on the NSE, raising his individual holding from 19,19,890 shares (14.28%) to 19,27,207 shares (14.33%). On the same day, Nirmal V. Shah HUF, part of the promoter group, sold 7,134 shares on the open market, reducing its holding from 7,134 shares (0.05%) to zero. The combined transactions involved 14,451 shares worth roughly Rs 1.1 crore at current price levels, with the net promoter group stake increasing by just 183 shares. Both trades were executed on the NSE in the open market and required disclosure under SEBI Takeover Regulations since the HUF sale crossed the zero-threshold reporting requirement.
This is essentially an internal reshuffling within the promoter family — the HUF exited its entire small stake while the promoter director added an almost equal number of shares on the same day. The negligible net change in promoter holdings suggests no meaningful shift in promoter control or sentiment, so retail investors are unlikely to see material impact on the stock price.