Announced Mon, 22 Sept · 10:49 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nimbus India Ltd & PACs

Promoter Stake BuyOwnership Changes View source PDF

IITL · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Nimbus India Ltd, part of the promoter group of Industrial Investment Trust Ltd, bought 20,000 equity shares (0.10% of voting capital) through open market on September 19, 2025. After this purchase, the combined promoter group holding (Nimbus India Ltd, N N Financial Services Pvt Ltd, Bipin Agarwal, and Swarn Mohinder Singh) stands at 1,03,34,548 shares, representing 52.71% of the total voting capital (45.83% on a fully diluted basis). This is a small incremental purchase by the promoter group, which is already a majority holder above the 50% mark. The disclosure has been filed under Regulation 29(2) of SEBI Takeover Regulations, 2011.

Likely market impact

This is a minor open market purchase by an existing promoter group entity, reinforcing promoter confidence in the company. However, the size is negligible (just 0.10% increase) and unlikely to materially affect stock price or shareholder structure.