Sham Foam Limited disclosed that its promoter director and a member of the promoter group acquired a combined 72,000 equity shares through open market purchases. The transactions, executed between September 25 and September 28, 2026, involved an aggregate value of ₹64.35 lakh.

The disclosures were filed under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Rajinder Kumar Jindal, the Managing Director and Promoter, purchased 23,000 shares on September 25, 2026, for ₹19.72 lakh. This acquisition increased his holding from 8,26,200 shares (7.19%) to 8,49,200 shares (7.39%).

Satyam Gupta, a member of the Promoter Group, undertook two separate purchases. On September 25, 2026, he acquired 47,000 shares for ₹42.80 lakh. He subsequently bought an additional 2,000 shares on September 28, 2026, for ₹1.82 lakh. Prior to these transactions, Gupta held no equity shares in the company. His post-acquisition holding stands at 49,000 shares, representing 0.41% of the total share capital.

Transaction details

What the numbers show

Satyam Gupta’s entry into the shareholder register marks a notable shift in the promoter group’s composition. While Rajinder Kumar Jindal’s stake increased marginally by 20 basis points to 7.39%, Gupta’s acquisition establishes a new 0.41% holding for his family or associated entities. The bulk of the transaction value, approximately 66% of the total ₹64.35 lakh, was driven by Gupta’s initial purchase on September 25, indicating a concentrated accumulation event rather than gradual buying over time.

Sham Foam Limited disclosed an acquisition of 5.22% of its total voting capital by Haryana Refractories Private Limited and its associate, Manoj Agarwal, on August 24, 2026.

The acquisition was executed through open market transactions under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Acquisition Details

Haryana Refractories Private Limited and Manoj Agarwal, acting as Persons Acting in Concert (PAC), acquired a total of 6,00,000 equity shares. This transaction represents 5.22% of the company’s total share and voting capital.

Prior to this acquisition, the acquirer group held nil shares in the target company. The shares were acquired in the open market, with no encumbrances, pledges, or convertible securities involved in the transaction.

Shareholding Breakdown

The total acquisition was split between the corporate entity and the individual promoter:

Sham Foam’s total equity share capital remained unchanged at 1,14,90,750 equity shares following the transaction. The acquirer group does not belong to the promoter or promoter group of the target company.