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 in the open market on September 29, 2025. After this acquisition, Nimbus India holds 32,21,588 shares (16.43% of total share capital). Together with PACs — N.N. Financial Services Pvt Ltd, Mr. Bipin Agarwal, and Mr. Swarn Mohinder Singh — the promoter group's combined holding rose from 52.71% to 52.84% of total share capital (45.83% to 45.94% on a diluted basis). The acquisition represents an incremental increase of 0.13% in total share capital, made through normal market purchases.
This signals continued promoter confidence in the company, though the purchase size is small and incremental. Since promoter group already holds over 50%, this open market buying does not trigger any open offer obligations, keeping it a routine regulatory disclosure with minimal share price impact.