BSENational Fittings LtdMediumNeutral
Announced Thu, 12 Jun · 15:50 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

Price

Loading chart…

▲ 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 Private Limited, acting as a Portfolio Manager for its clients (persons acting in concert), has filed a disclosure under SEBI SAST Regulation 29(2) regarding a change in its shareholding in National Fittings Ltd. Although the letter mentions the change is 'pursuant to buying,' the actual numbers indicate a reduction: the holding fell from 5.65% (513,274 shares) to 5.51% (500,483 shares), implying a sale of 12,791 shares (0.14%) via the open market on 11th June 2025. The acquirer has confirmed it does NOT belong to the promoter or promoter group of National Fittings Ltd. The total equity share capital of the company stands at 90,83,182 shares.

Likely market impact

This is a small open-market sale by a non-promoter PMS client entity and is unlikely to have any meaningful impact on the stock price or shareholder sentiment. The change is minor (0.14%) and well below any regulatory threshold for further disclosure.