The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Impressive Plastics Pvt Ltd
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Impressive Plastics Pvt Ltd, part of the promoter group of NMS Resources Global Ltd, sold 1,17,064 equity shares (3.90% of paid-up capital) in the open market on 16 June 2025. Its holding in the company dropped from 9.98% (3,00,000 shares) to 6.08% (1,82,936 shares). The transaction was carried out under Regulation 29(2) of SEBI's Takeover Regulations, 2011, and disclosed to BSE on 18 June 2025. The total share capital of NMS Resources Global Ltd remains unchanged at 30,05,600 equity shares of Rs 10 each.
A promoter-group entity trimming its stake by nearly 4% in the open market is a negative signal for retail investors, as it reduces promoter skin in the game and could put short-term pressure on the stock price.