nikki global finance promoter group member Kamal Kishore Chaurasia has sold his entire equity stake in the listed entity, reducing his shareholding to nil. The disposal of 91,498 equity shares was executed on the Bombay Stock Exchange (BSE) on July 29, 2026, via open market transactions. This exit marks a complete divestment by Chaurasia from his prior holding of 2.68% in the company.

The transaction was disclosed to the exchange on July 30, 2026, pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure, submitted in Form C, was signed by Rajesh Kumar Pandey, Managing Director of Nikki Global Finance Ltd, and confirmed that the trade occurred through open market mechanisms rather than block deals or off-market transfers.

Transaction Details

The sale involved the liquidation of Chaurasia’s total equity position. The financial specifics of the trade are outlined below:

Chaurasia held 91,498 equity shares prior to the transaction, representing 2.68% of the company’s total share capital. Following the sale, his holding dropped to zero. The value of the transaction, ₹15,90,478.15, excludes applicable taxes, brokerage fees, and other associated charges as per standard regulatory reporting norms.

Regulatory Compliance

The submission adheres to the continual disclosure requirements mandated for members of the promoter group. Under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, designated persons and promoter group members must inform the company of any acquisition or disposal of securities within two trading days of the transaction. Nikki Global Finance Ltd complied with this timeline, intimating the BSE on July 30, 2026, one day after the July 29, 2026, trade execution.

The disclosure form explicitly categorizes Chaurasia as a "Promoter Group" member. The ISIN for the traded securities is INE526C01012. No pledge, revocation, or invocation activities were reported alongside this sale; the transaction type was recorded strictly as "Sale."

What the Numbers Show

The complete exit of a promoter group member from their equity position often signals a shift in personal investment strategy or liquidity needs, though the filing does not specify the rationale behind the divestment. With a pre-transaction holding of 2.68%, Chaurasia’s stake was a minority but notable component of the promoter group’s aggregate interest. The sale price of ₹17.382 per share reflects the market valuation at the time of execution on the BSE. Investors should monitor subsequent filings to determine if other promoter group members are adjusting their holdings, which could provide further context on the group’s overall confidence in the company’s near-term trajectory.

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:

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.