Announced Wed, 29 Apr · 13:15 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vimal Prakash HUF

Promoter Stake Sell 1pctOwnership 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 14 horizons · vs prior close
-1.4%1-day move
₹42.09
prior close
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.4-1.4+1.7+1.9+6.2+3.6+6.7-1.4
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AI summary

SSFAL Speciality Alloys Limited, a promoter group entity acting in concert with Vimal Prakash HUF, has sold its entire stake of 3,62,500 shares (1.78% of total share capital) in Nilachal Refractories Limited. The transaction was conducted via off-market route on 22 April 2026. Before the sale, the acquirer held 1.78% including encumbered shares. After the transaction, the acquirer's holding has reduced to 0%, meaning complete exit from the company. The acquirer confirmed they belong to the Promoter/Promoter group category.

Likely market impact

Promoter group entity SSFAL Speciality Alloys Limited has fully exited Nilachal Refractories Limited, reducing promoter holding by 1.78%. This may signal reduced promoter confidence or consolidation within the promoter group.