The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Abubhuti Prakash
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Abubhuti Prakash, a promoter of Nilachal Refractories Ltd (acting in concert with SalSpeciality Alloys Limited), sold their entire 1.57% stake (3,19,250 shares) in an off-market transaction on 22 April 2026. Prior to the sale, all 3,19,250 shares were encumbered — meaning they were pledged or held under some lien/non-disposal arrangement. The acquisition was recorded as 1.57% before the transaction, and post-transaction holding is nil, indicating a complete exit by this promoter entity.
The complete disposal of a promoter's entire stake (1.57%), with all shares previously pledged, suggests a possible pledge invocation or release. This warrants monitoring as it indicates a reduction in promoter holding.