The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nimbus India Ltd & PACs
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Nimbus India Ltd, part of the promoter group, bought 1,03,000 equity shares of Industrial Investment Trust Ltd through open market on December 04, 2025. This is a disclosure under Regulation 29(2) of SEBI's Takeover Regulations. After the purchase, the promoter group's combined holding rose from 53.38% to 53.90% of the total share capital (46.40% to 46.86% on a diluted basis). Total promoter holding stands at 1,05,67,692 shares. The company's total equity share capital is Rs. 19.61 crore (1.96 crore shares of Rs. 10 each), with a diluted capital of Rs. 22.55 crore. PACs include N N Financial Services Pvt Ltd, Bipin Agarwal, and Swarn Mohinder Singh.
The promoter group is increasing its stake in the company, which is generally viewed as a confidence signal. Since the group already holds over 53% of the company, there is no risk of a change in control. The purchase is incremental and should not materially impact the stock price, but reinforces promoter commitment.