BSEPro Clb Global LtdHighPositive
Announced Tue, 1 Apr · 15:45 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Amrit Chamaria & Niraj Chamaria

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Niraj Nirmal Chamaria and Mr. Amrit Nirmal Chamaria (Persons Acting in Concert) have together acquired 2,36,950 equity shares (4.64% of the share capital) of Pro Clb Global Ltd via an off-market transaction on March 29, 2025. Each individual acquired 1,18,475 shares (2.32%). The shares were bought from Praveen Bhatia HUF, who is part of the promoter group. The acquirers are explicitly stated to NOT belong to the promoter/promoter group. As a result, their combined holding has risen from 14.86% (7,58,594 shares) before the deal to 19.51% (9,95,544 shares) after the deal. The total equity share capital of the company stands at 51,03,000 shares of Rs. 10 face value, unchanged.

Likely market impact

This is a non-promoter entity increasing its stake through an off-market purchase from a promoter family member. With combined holdings now at 19.51%, the acquirers are approaching the 25% open offer trigger threshold under SEBI takeover rules, which could attract regulatory attention if further acquisitions push them past that mark. For existing shareholders, the shift indicates a change in the shareholder base from promoter to non-promoter, though no immediate material impact on stock price is expected.