The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nimbus India Ltd & PACs
IITL · price
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Nimbus India Limited, part of the promoter group of Industrial Investment Trust Ltd (IITL), purchased 36,000 equity shares (0.18% of total share capital) through open market on June 18, 2025. After this acquisition, the combined holding of Nimbus India Ltd along with PACs (N N Financial Services Pvt Ltd, Bipin Agarwal, and Swarn Mohinder Singh) increased from 1,02,53,548 shares (52.29%) to 1,02,89,548 shares (52.48%) of total share capital. The promoter group's voting stake rose from 45.48% to 45.64% on a diluted basis. The total equity share capital of IITL remains 1,96,08,780 shares, with diluted capital at 2,25,47,550 shares.
This is a small open-market purchase by the promoter group, signalling mild confidence in the company. With promoter holding already above 52%, this incremental buy has minimal impact on overall control or share price.