Nikki Global promoter Chaurasia sells 1.6L shares at ₹17.30
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.

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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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?



























