Chembond Material Technologies: Promoter Nirmal Shah Gifts 19.27L Shares to Brother

Chembond Material Technologies has disclosed a significant inter-promoter share transfer following a gift transaction between family members. Nirmal V. Shah, Promoter and Director, gifted 19,27,024 equity shares to his brother Sameer V. Shah, who serves as Promoter and Managing Director of the company.

Transaction Details

The share gift was executed through off-market transactions with no monetary consideration involved. The transfer occurred in two separate tranches during December 2025:

Date	Number of Shares
December 26, 2025	3,22,390 shares
December 29, 2025	16,04,634 shares
Total	19,27,024 shares

Impact on Shareholding Pattern

The transaction resulted in a significant redistribution of shares between the promoter brothers. The following table shows the shareholding changes for both parties:

Nirmal V. Shah's Holdings

Parameter	Before Transaction	After Transaction	Change
Number of Shares	19,27,207	183	-19,27,024
Shareholding Percentage	14.33%	0.001%	-14.33%
Voting Rights	14.33%	0.001%	-14.33%

Sameer V. Shah's Holdings (Recipient)

Parameter	Before Transaction	After Transaction	Change
Number of Shares	17,06,144	36,33,168	+19,27,024
Shareholding Percentage	12.69%	27.02%	+14.33%
Voting Rights	12.69%	27.02%	+14.33%

Company Share Capital Structure

The company's equity share capital remains unchanged following this inter-promoter transfer:

Details	Amount/Number
Total Equity Share Capital	₹6,72,41,440
Number of Shares	1,34,48,288
Face Value per Share	₹5.00

Regulatory Compliance

The disclosure was made on December 30, 2025, in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates disclosure when there is a substantial acquisition or disposal of shares that results in a change of 2% or more in shareholding.

The transaction represents a significant consolidation of shareholding within the promoter family, with Sameer V. Shah now holding over 27% of the company's equity shares, while Nirmal V. Shah's stake has been reduced to a nominal holding. Both parties involved in the transaction are existing promoters of the company, ensuring continuity in the promoter group structure while redistributing ownership stakes.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.41%	+1.22%	-0.52%	-29.31%	-58.42%	-10.97%

Chembond Chemicals Limited has disclosed changes in promoter shareholdings under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure, dated December 11, 2025, details a market transaction by promoter Nirmal V. Shah involving the purchase of equity shares.

Transaction Details

Nirmal V. Shah, who serves as Promoter and Managing Director, acquired additional equity shares through open market transactions on the National Stock Exchange of India Limited.

Transaction Parameter:	Details
Acquirer:	Nirmal V. Shah
Shares Purchased:	5,084
Transaction Mode:	Open Market (NSE)
Transaction Date:	December 9, 2025

Shareholding Changes

The transaction resulted in an increase in Nirmal V. Shah's individual shareholding in the company. His stake grew marginally following the market purchase.

Parameter:	Before Transaction	After Transaction	Change
Shares Held:	36,59,872	36,64,956	+5,084
Shareholding %:	13.61%	13.62%	+0.01%
Voting Rights %:	13.61%	13.62%	+0.01%

Company Capital Structure

The company's equity share capital structure remained unchanged following this promoter transaction. The total equity share capital stands at ₹13,44,82,880, divided into 2,68,96,576 equity shares with a face value of ₹5.00 each.

Regulatory Compliance

The transaction was executed through open market purchase on the National Stock Exchange of India Limited. The disclosure was made in compliance with SEBI regulations governing substantial acquisition of shares and takeovers. The company's shares are listed on BSE Limited (Scrip Code: 544450) and National Stock Exchange of India Limited (Scrip Code: CHEMBONDCH).

Nirmal V. Shah maintains his classification as a promoter under SEBI regulations. No encumbrances, warrants, or convertible securities were involved in this transaction. The acquisition strengthens the promoter's stake in the specialty chemicals company.