The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Niraj Nirmal Chamaria
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Niraj Nirmalkumar Chamaria, part of the promoter/promoter group of Pro CLB Global Ltd (formerly Provestment Services Ltd), has fully exited his stake in the company through on-market share sales disclosed under SEBI SAST Regulation 29(2). In a first transaction dated 31 December 2025, he sold 44,740 shares (0.88% of paid-up capital), reducing his holding from 4.05% (206,664 shares) to 3.17% (161,924 shares). In a subsequent transaction between 2 March 2026 and 4 March 2026, he sold his entire remaining 161,924 shares (3.17%), bringing his post-disposal holding to 0%. Total share capital of the company remains unchanged at 51,03,000 equity shares of Rs. 10 each.
A complete exit by a promoter signals loss of confidence in the company and is typically viewed negatively by retail investors; the stock may face selling pressure or negative sentiment, though the company has not disclosed the reason for the exit.