Nupur Recyclers Limited has informed the Exchange regarding 'Disclosure under Regulation 7(2) of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015' for acquisition of 1,00,000 shares by Uninav Developers Private Limited, one of the member of the Promoter Group.
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Uninav Developers Private Limited, a member of the promoter group of Nupur Recyclers Limited, has acquired 1,00,000 equity shares of the company on March 30, 2026. The shares were purchased on the National Stock Exchange (NSE) at Rs. 47.30 per share, for a total consideration of Rs. 47.30 lakh. With this purchase, Uninav Developers' holding in the company has increased from 2,50,000 shares to 3,50,000 shares, raising its stake from 0.36% to 0.81% of the equity share capital. The disclosure was filed under SEBI's insider trading regulations, and the transaction was carried out via open market purchase.
This is a positive signal showing continued promoter group confidence in the company, as a promoter-linked entity has increased its stake through an open market purchase. While the absolute value is modest (Rs. 47.30 lakh), it indicates promoter faith and could provide mild support to the stock sentiment.