Chembond Chemicals Promoter Nirmal V. Shah Receives 3.77 Lakh Equity Shares as Gift

1 min read     Updated on 16 Dec 2025, 02:02 PM
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Overview

Chembond Chemicals Limited reported an internal share transfer among promoters. Managing Director Nirmal V. Shah received 3,77,440 equity shares as a gift from fellow promoter Sameer V. Shah on December 15, 2025. This off-market transaction increased Nirmal V. Shah's shareholding from 15.86% to 18.63% of the company's equity. The transfer was disclosed in compliance with SEBI regulations.

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Chembond Chemicals Limited has disclosed a share transfer between its promoters, with Managing Director Nirmal V. Shah receiving a gift of equity shares from fellow promoter Sameer V. Shah. The transaction represents an internal restructuring of shareholding among the company's promoter group.

Share Transfer Details

The gift transaction involved the transfer of 3,77,440 equity shares from Sameer V. Shah to Nirmal V. Shah, both of whom serve as Promoters and Directors of the company. The transfer was completed on December 15, 2025, through an off-market gift mechanism with no monetary consideration involved.

Transaction Parameter Details
Shares Transferred 3,77,440 equity shares
Transfer Date December 15, 2025
Mode of Transfer Off-Market Gift (No consideration)
Transferor Sameer V. Shah (Promoter & Director)
Transferee Nirmal V. Shah (Promoter & Managing Director)

Updated Shareholding Position

Following this gift transaction, Nirmal V. Shah's total shareholding in Chembond Chemicals Limited has increased. His updated holding position reflects a change in the company's equity structure.

Shareholding Metric Before Transaction After Transaction
Total Shares Held 82,87,516 86,64,956
Percentage Holding 15.86% 18.63%
Share Capital Base ₹13,44,82,880 (2,68,96,576 shares of ₹5 each) ₹13,44,82,880 (2,68,96,576 shares of ₹5 each)

Regulatory Compliance

The share transfer has been disclosed in accordance with regulatory requirements under SEBI guidelines. Chembond Chemicals Limited has reported the transaction to relevant stock exchanges.

Key compliance aspects of the disclosure include:

  • Filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
  • Reported to BSE Limited (Scrip Code: 544450) and National Stock Exchange (Scrip Code: CHEMBONDCH)
  • Disclosure date: December 16, 2025
  • No encumbrances, warrants, or convertible securities involved in the transaction

Company Background

Chembond Chemicals Limited, formerly known as Chembond Chemical Specialties Limited, operates from its registered office at EL 37, Mahape MIDC, Navi Mumbai 400710. The company maintains its listing status on both major Indian stock exchanges.

Historical Stock Returns for Chembond Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.26%+4.80%+4.79%-12.03%-12.03%-12.03%
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Chembond Chemicals Promoter Receives Additional 2.24 Lakh Shares as Gift

1 min read     Updated on 08 Dec 2025, 06:37 PM
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Overview

Chembond Chemicals Limited reported that promoter Sameer V. Shah received 2,23,826 equity shares as gifts from Shilpa S. Shah and Amrita S. Shah on December 9, 2025, representing 0.83% of voting capital. This follows an earlier gift of 81,000 shares received on December 5, 2025, bringing total gifted shares to 3,04,826 within four days.

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Chembond Chemicals Limited has reported another significant change in its promoter shareholding pattern. Sameer V. Shah, a Promoter and Director of the company, has received an additional substantial gift of equity shares from other promoter group members.

Latest Share Transfer Details

In a more recent off-market transaction that took place on December 9, 2025, Sameer V. Shah received 2,23,826 equity shares as a gift. This represents approximately 0.83% of the company's total voting capital. The shares were gifted by two promoter group members:

Transferor: Number of Shares
Shilpa S. Shah 1,33,390
Amrita S. Shah 90,436
Total 2,23,826

Previous Share Transfer

This follows an earlier transaction on December 5, 2025, where Sameer V. Shah had received 81,000 equity shares (0.30% of voting capital) as gifts from Raunaq S. Shah and Mallika S. Shah.

Previous Transfer: Details
Date December 5, 2025
Total Shares 81,000
Percentage 0.30%

Regulatory Compliance

Both transactions were disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. These transfers were gifts with no monetary consideration involved.

Company's Capital Structure

The share transfers do not affect the company's overall equity share capital or total voting capital. The company's capital structure remains consistent:

Capital Structure: Amount
Equity Share Capital ₹13,44,82,880
Number of Shares 2,68,96,576
Face Value per Share ₹5.00

Cumulative Impact

Combined, these recent transactions have resulted in Sameer V. Shah receiving a total of 3,04,826 equity shares (approximately 1.13% of total voting capital) through gifts from various promoter group members within a span of four days. This represents a significant redistribution of shareholding within the promoter group, though it does not alter the overall promoter holding in the company.

Historical Stock Returns for Chembond Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.26%+4.80%+4.79%-12.03%-12.03%-12.03%
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