Announced Wed, 22 Apr · 18:03 IST

DISCLOSURE UNDER REGULATIONS 7(2) OF SEBI (POIT) REGULATIONS 2015

Promoter Stake Sell 1pctOwnership Changes View source PDF

Price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter Nirbhaurant Agarwal sold 104,674 equity shares of Nikki Global Finance Ltd on BSE on April 21, 2026, for approximately ₹2.23 lakh. The transaction triggered the statutory disclosure threshold under Regulation 7(2)(a) of SEBI's Insider Trading Regulations. Prior to the sale, the promoter held 106,897 shares, which was reduced to 2,208 shares post-disposal. This represents a significant reduction in promoter holding, with the sale representing nearly the entire remaining stake.

Likely market impact

A major reduction in promoter holding from 106,897 to 2,208 shares signals potential loss of promoter confidence or exit, which could negatively impact investor sentiment and the stock's perceived stability.