Chembond Chemicals Promoter Nirmal V. Shah Acquires Additional 10,000 Shares
Nirmal V. Shah, Promoter and Managing Director of Chembond Chemicals Limited, acquired 10,000 equity shares through open market purchase on NSE on March 20, 2026. The transaction increased his shareholding from 69,81,413 shares (25.95%) to 69,91,413 shares (25.99%) of the company's total voting capital. The acquisition was disclosed on March 24, 2026, under SEBI takeover regulations, with the company's equity capital remaining unchanged at Rs. 13,44,82,880 comprising 2,68,96,576 shares of Rs. 5 each.

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Chembond Chemicals Limited's Promoter and Managing Director Nirmal V. Shah has acquired additional equity shares of the company through open market transactions. The acquisition was formally disclosed to the stock exchanges on March 24, 2026, in compliance with regulatory requirements under SEBI takeover regulations.
Share Acquisition Details
The transaction involved the purchase of 10,000 equity shares through open market operations on the National Stock Exchange on March 20, 2026. This acquisition represents 0.04% of the company's total share capital and voting rights.
| Transaction Details: | Specifications |
|---|---|
| Shares Acquired: | 10,000 |
| Acquisition Mode: | Open Market (NSE) |
| Transaction Date: | March 20, 2026 |
| Percentage of Total Capital: | 0.04% |
Shareholding Pattern Changes
Following the acquisition, Nirmal V. Shah's shareholding in Chembond Chemicals Limited has increased marginally. The detailed shareholding pattern shows the impact of this transaction on his overall stake in the company.
| Shareholding Position: | Before Acquisition | After Acquisition | Change |
|---|---|---|---|
| Number of Shares: | 69,81,413 | 69,91,413 | +10,000 |
| Percentage Holding: | 25.95% | 25.99% | +0.04% |
| Voting Rights: | 25.95% | 25.99% | +0.04% |
Company Capital Structure
The company's equity share capital structure remains unchanged following this transaction. Chembond Chemicals Limited maintains its existing capital base without any dilution or expansion.
| Capital Structure: | Details |
|---|---|
| Total Equity Capital: | Rs. 13,44,82,880 |
| Number of Shares: | 2,68,96,576 |
| Face Value per Share: | Rs. 5 |
| Listing Exchanges: | BSE Limited & NSE Limited |
Regulatory Compliance
The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Nirmal V. Shah confirmed his status as a promoter and belongs to the promoter group of the company. The acquisition did not involve any encumbrances, pledges, or other instruments, and no voting rights were acquired through means other than equity shares.
Historical Stock Returns for Chembond Material Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +16.68% | +17.07% | -3.09% | -20.85% | -57.80% | +13.33% |
Will Nirmal V. Shah continue increasing his stake in Chembond Chemicals, potentially triggering mandatory open offer requirements under SEBI regulations?
How might this promoter stake increase signal upcoming strategic initiatives or expansion plans for Chembond Chemicals in 2026?
Could this acquisition indicate management's confidence in the company's future performance amid current chemical industry market conditions?


































