Nikki Global promoter Chaurasia sells 1.6L shares at ₹17.30

1 min read     Updated on 28 Jul 2026, 06:17 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Promoter Kamal Kishore Chaurasia sold 1,60,000 shares of Nikki Global Finance Ltd at ₹17.30 per share, totaling ₹27.68 lakh. His stake dropped from 7.35% to 2.68%, with the open-market sale disclosed to BSE on July 28, 2026.

powered bylight_fuzz_icon
46787003

*this image is generated using AI for illustrative purposes only.

Nikki Global Finance promoter group member Kamal Kishore Chaurasia disposed of 1,60,000 equity shares in the open market on July 27, 2026, at ₹17.30 per share. The sale, valued at ₹27,68,000, reduced Chaurasia’s stake in the company from 7.35% to 2.68% of the total voting capital. This significant reduction in promoter holding was disclosed to BSE Limited on July 28, 2026, pursuant to Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The transaction highlights a shift in promoter ownership structure without any change in the total share capital of the entity.

The disclosure, signed by Company Secretary and Compliance Officer Kaushal Saxena, confirms that the shares were sold in the open market rather than through off-market transfers or preferential allotments. Prior to this transaction, Chaurasia held 2,51,498 shares carrying voting rights. Following the disposal, his remaining holding stands at 91,498 shares. There were no persons acting in concert (PAC) associated with this specific transaction, and no encumbrances or warrants were involved in the transfer.

Transaction Details

The following table outlines the changes in shareholding resulting from the open-market sale:

Metric Before Sale Shares Sold After Sale
Shares held 2,51,498 1,60,000 91,498
Stake percentage 7.35% 4.67% 2.68%

Chaurasia remains part of the promoter group despite the reduced stake. The company’s registered office is located at 215, Delhi Chambers, Delhi Gate, Daryaganj, New Delhi. The disclosure was formally submitted to the Department of Corporate Services at BSE Limited’s Phiroze Jeejeebhoy Towers in Mumbai.

Regulatory Compliance

The filing adheres to the mandatory disclosure norms set by the Securities and Exchange Board of India (SEBI). Regulation 7(2) requires substantial shareholders and promoters to inform the stock exchanges of any acquisition or disposal of shares that crosses specified thresholds or occurs within certain timeframes. Nikki Global Finance Limited, identified by ISIN INE526C01012, ensured timely submission of these details for public record and investor awareness. No other material changes in the promoter group’s structure were reported alongside this transaction.

Historical Stock Returns for Nikki Global Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+1.73%+2.27%-16.47%-16.39%-21.04%+275.27%

How might the significant reduction in Kamal Kishore Chaurasia's stake from 7.35% to 2.68% impact investor confidence and the stock's liquidity in the near term?

Are there indications that other promoter group members plan to follow suit with similar open-market disposals, potentially signaling a broader exit strategy?

What strategic reasons might drive this substantial divestment by a key promoter, and does it reflect concerns about Nikki Global Finance's future growth prospects?

Nikki Global Finance returns to profit in Q1FY27

2 min read     Updated on 22 Jul 2026, 11:18 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Nikki Global Finance returned to profitability in Q1FY27 with a net profit of ₹21.81 lakh, reversing a loss of ₹5.08 lakh in the prior year. Revenue from operations reached ₹25.92 lakh, driven solely by interest income, while total expenses were curtailed to ₹4.11 lakh. The Board approved the unaudited results on July 22, 2026, with EPS rising to ₹0.64.

powered bylight_fuzz_icon
46288078

*this image is generated using AI for illustrative purposes only.

Nikki Global Finance returned to profitability in the first quarter of FY27, reporting a net profit of ₹21.81 lakh for the period ended June 30, 2026. This marks a significant turnaround from the net loss of ₹5.08 lakh recorded in the corresponding quarter of the previous year. The company’s financial performance was bolstered by a rise in interest income, which constituted the entirety of its revenue from operations.

The Board of Directors approved the unaudited financial results for the quarter on July 22, 2026. The meeting, held at the company's registered office in New Delhi, also took on record the Limited Review Report issued by the Statutory Auditors. The results were prepared in accordance with the Indian Accounting Standards (Ind AS) prescribed under the Companies Act, 2013.

Revenue from operations for the quarter stood at ₹25.92 lakh, a sharp increase from ₹0.00 lakh in the same quarter last year. This revenue was entirely derived from interest income. In contrast, the preceding quarter ended March 31, 2026, had reported revenue of ₹39.88 lakh. Total income for Q1FY27 settled at ₹25.92 lakh, with no other income recorded during the period.

The company managed to contain its total expenses at ₹4.11 lakh during the quarter, down from ₹5.08 lakh in the year-ago period. Employee benefit expenses accounted for ₹1.35 lakh, while other expenses stood at ₹3.41 lakh. Changes in inventories resulted in a negative figure of ₹0.65 lakh. Consequently, the profit before tax for the quarter was recorded at ₹21.81 lakh, compared to a loss before tax of ₹5.08 lakh in Q1FY26.

Earnings per equity share (EPS) for the quarter improved to ₹0.64 on both a basic and diluted basis, reversing the negative EPS of ₹0.15 reported in the corresponding quarter of the previous year. The paid-up equity share capital remained constant at ₹341.97 lakh with a face value of ₹10 each. A reconciliation table confirmed that there was no impact of Ind AS on the comprehensive income or total equity compared to Indian GAAP.

Financial Performance Summary

Particulars Quarter Ended 30.06.2026 (₹ in Lakh) Quarter Ended 30.06.2025 (₹ in Lakh)
Revenue from Operations 25.92 0.00
Total Expenses 4.11 5.08
Profit before Tax 21.81 (5.08)
Net Profit 21.81 (5.08)
Basic EPS (₹) 0.64 (0.15)

Historical Stock Returns for Nikki Global Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+1.73%+2.27%-16.47%-16.39%-21.04%+275.27%

Can the company sustain this level of interest income in the coming quarters given the decline from the preceding quarter?

What strategic initiatives will Nikki Global Finance implement to diversify its revenue streams beyond interest income?

How does the company plan to manage the volatility in other expenses, particularly the negative changes in inventories?

More News on Nikki Global Finance

1 Year Returns:-21.04%