BSENational Fittings LtdMediumNeutral
Announced Mon, 16 Jun · 13:08 IST

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

Ownership Changes View source PDF

Price

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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 Investments Pvt Ltd, acting as a Portfolio Manager along with its clients, has disclosed a change in its holding in National Fittings Ltd under SEBI SAST Regulation 29(2). The holding reduced from 5.51% (500,483 shares) to 5.30% (481,009 shares), implying a sale of 19,474 shares (0.21%) on June 12, 2025 through the open market. The acquirer confirmed it does not belong to the promoter or promoter group of the company. Total equity share capital of the company is 90,83,182 shares, and the disclosure was filed on June 13, 2025.

Likely market impact

This is a small reduction (about 0.21%) by a non-promoter PMS entity, and they continue to hold over 5% of the company. The change is too minor to materially affect stock price or shareholder value.