BSENational Fittings LtdMediumNeutral
Announced Thu, 19 Jun · 14:16 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 for its clients, has sold 10,518 shares (0.12%) of National Fittings Ltd in the open market on 17 June 2025. Before the sale, it held 481,009 shares (5.30%); after the sale, its holding stands at 470,491 shares (5.18%) of the company's paid-up equity capital of 90,83,182 shares. The acquirer has clarified that it does not belong to the promoter or promoter group of the company. The disclosure is filed under SEBI's Takeover Regulations to report the change in shareholding.

Likely market impact

This is a small open-market sale by a non-promoter Portfolio Investor, reducing its stake marginally from 5.30% to 5.18%. The transaction size is too small to materially affect the stock price or signal any major shift in ownership.