BSENational Fittings LtdMediumNeutral
Announced Tue, 3 Jun · 10:40 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Counter Cyclical Investment Pvt Ltd

Ownership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Counter Cyclical Investment Pvt Ltd, acting as a Portfolio Manager along with its clients, sold 45,173 shares (0.49%) of National Fittings Ltd in the open market on 31st May 2025. This reduced its holding from 558,447 shares (6.14%) to 513,274 shares (5.65%) of the company. The acquirer confirmed it is not part of the promoter or promoter group, and the total share capital of the company stands at 90,83,182 shares. The transaction was carried out on BSE.

Likely market impact

The sale is relatively small (0.49%) and the acquirer is not a promoter, so it has limited direct impact on shareholding control. However, it may signal minor profit-booking by a portfolio investor after holding above the 6% mark.