Chembond Chemicals Completes Major Inter-se Share Transfer Among Promoters
Chembond Chemicals Limited completed a major inter-se share transfer where Managing Director Nirmal V. Shah received 29,39,017 equity shares from promoter Sameer V. Shah through an off-market gift transaction on December 29, 2025. This increased Nirmal Shah's shareholding from 15.03% to 25.96% while reducing Sameer Shah's stake from 12.37% to 1.44%. The transaction was executed in compliance with SEBI regulations including disclosures under Regulation 29(2) and represents a strategic realignment within the promoter group.
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Chembond Chemicals Limited has completed a significant inter-se transfer of equity shares among its promoters, with Managing Director Nirmal V. Shah receiving 29,39,017 equity shares from fellow promoter Sameer V. Shah. The transaction, executed on December 29, 2025, represents a substantial internal restructuring of shareholding within the company's promoter group.
Completed Share Transfer Details
The inter-se transfer involved 29,39,017 equity shares transferred from Sameer V. Shah to Nirmal V. Shah, both serving as Promoters and Directors of the company. Originally scheduled for December 26, 2025, the transfer was executed on December 29, 2025, through an off-market gift mechanism with no monetary consideration involved.
| Transaction Parameter: | Details |
|---|---|
| Shares Transferred: | 29,39,017 equity shares |
| Actual Transfer Date: | December 29, 2025 |
| Mode of Transfer: | Off-Market Gift (No consideration) |
| Transferor: | Sameer V. Shah (Promoter & Director) |
| Transferee: | Nirmal V. Shah (Promoter & Managing Director) |
| Percentage of Total Capital: | 10.93% |
Updated Shareholding Position
Following the completed transfer, Nirmal V. Shah's shareholding in Chembond Chemicals Limited has increased significantly from 40,42,396 shares (15.03%) to 69,81,413 shares (25.96%). Conversely, Sameer V. Shah's holding has reduced from 33,27,674 shares (12.37%) to 3,88,657 shares (1.44%).
| Shareholding Changes: | Pre-Transaction | Post-Transaction |
|---|---|---|
| Nirmal V. Shah Shares: | 40,42,396 (15.03%) | 69,81,413 (25.96%) |
| Sameer V. Shah Shares: | 33,27,674 (12.37%) | 3,88,657 (1.44%) |
| Net Change: | - | +29,39,017 shares to Nirmal V. Shah |
Regulatory Compliance and Disclosure
The completed share transfer was disclosed in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction falls under Regulation 10(1)(a)(i) of the Takeover Regulations, which provides exemption for inter-se transfers among promoters and immediate relatives. Additionally, Nirmal V. Shah has submitted disclosures under Regulation 29(2) of SEBI (SAST) Regulations, 2011, confirming the receipt of shares through gift transaction.
| Compliance Details: | Information |
|---|---|
| Regulatory Framework: | SEBI (SAST) Regulations, 2011 |
| Applicable Regulations: | Regulation 10(1)(a)(i) & Regulation 29(2) |
| Initial Disclosure Date: | December 18, 2025 |
| Completion Disclosure Date: | December 30, 2025 |
| Rationale: | Reorganization/realignment of shareholding within promoter group |
Recent Promoter Activity
This major transfer follows other recent share acquisition activities by Nirmal V. Shah, including receiving 3,77,440 equity shares as a gift from Sameer V. Shah on December 15, 2025, and open market purchases of 5,084 shares on December 9, 2025, and 3,000 shares on December 1, 2025.
Company Information
Chembond Chemicals Limited operates from its registered office at EL 37, Mahape MIDC, Navi Mumbai 400710. The company maintains its listing status on both BSE Limited (Scrip Code: 544450) and National Stock Exchange (Scrip Code: CHEMBONDCH). The company's equity share capital stands at ₹13.45 crores comprising 2,68,96,576 shares of ₹5.00 each.
Historical Stock Returns for Chembond Chemicals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.53% | +3.00% | +0.96% | -12.29% | -12.29% | -12.29% |
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