BSENational Fittings LtdMediumNeutral
Announced Fri, 25 Jul · 10:24 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

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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 Private Limited, acting as a Portfolio Manager along with its clients, sold 9,182 shares (0.10% of paid-up capital) of National Fittings Ltd through the open market on 22 July 2025. As a result, its combined holding dropped from 456,926 shares (5.03%) to 447,744 shares (4.93%). The entity clarified it does not belong to the promoter or promoter group. The disclosure was filed because its shareholding fell from just above the 5% significant-shareholder mark to just below it.

Likely market impact

This is a small, non-promoter institutional sale that is unlikely to move the stock price meaningfully. The notable point is that the holder has slipped just below the 5% disclosure threshold, meaning further small sales may not attract the same disclosure obligation.