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 25,000 equity shares of the company in the open market on September 17, 2025. This represents about 0.13% of IITL's total share capital and 0.11% of its diluted share capital. After the acquisition, the combined promoter group holding (Nimbus India Ltd, N N Financial Services Pvt Ltd, Bipin Agarwal, and Swarn Mohinder Singh) stands at approximately 52.60% of the total share capital, up from 52.48% before the purchase. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011.
This is a small incremental purchase by an existing promoter group entity, slightly consolidating their already-majority stake above 52%. It signals continued promoter confidence but is too small to materially affect the share price or trigger any takeover-related thresholds.