The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Niraj Chamaria
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Promoter Niraj Nirmalkumar Chamaria sold 322,900 equity shares of Pro CLB Global Ltd (Scrip Code: 540703) through on-market transactions between December 26-29, 2025. This represents 6.33% of the company's total share capital. As a result, his holding has come down from 692,564 shares (13.57%) to 369,664 shares (7.24%) — nearly a 47% reduction in his personal stake. The disclosure was filed on December 30, 2025 with BSE under SEBI Takeover Regulations. The company's total equity share capital remains 51,03,000 shares of Rs. 10 face value.
A promoter selling more than half of his stake in a single off-market stretch is typically a negative sentiment signal and can weigh on the stock price in the short term. With holding now at 7.24%, the company faces lower promoter skin-in-the-game, which retail investors usually view with caution.