Nilkamal Limited Reports 5.46% Stake Acquisition by Seetha Kumari and PAC

Nilkamal Limited has disclosed a substantial acquisition of shares under SEBI Regulation 29, with the transaction completed on December 18, 2025. The acquisition involves Seetha Kumari as the primary acquirer, working in concert with PAC, neither of whom belong to the promoter or promoter group of the company.

Acquisition Details

The substantial acquisition involved the transfer of 8,14,041 equity shares, representing 5.46% of Nilkamal Limited's total voting capital. The transaction was executed through an off-market transfer.

Parameter	Details
Shares Acquired	8,14,041 equity shares
Percentage Acquired	5.46% of voting capital
Mode of Acquisition	Off-market transfer
Transaction Date	December 18, 2025
Acquirer	Seetha Kumari
Person Acting in Concert	PAC

Shareholding Pattern Changes

The acquisition resulted in a significant change in the shareholding pattern of the acquirer group. Prior to this transaction, Seetha Kumari and her PAC held a minimal stake in the company.

Shareholding Stage	Number of Shares	Percentage Holdings
Before Acquisition	30,617 shares	0.20%
Shares Acquired	8,14,041 shares	5.46%
After Acquisition	8,44,658 shares	5.66%

Company Capital Structure

Nilkamal Limited's equity share capital remained unchanged following this acquisition.

Capital Details	Specifications
Total Equity Share Capital	₹14.92 crores
Number of Equity Shares	1,49,22,525 shares
Face Value per Share	₹10.00

Regulatory Compliance

The disclosure was made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, specifically under Regulation 29. The acquisition did not involve any encumbrances such as pledges, liens, or non-disposal undertakings. Additionally, no warrants, convertible securities, or other instruments that could entitle the acquirer to receive additional voting rights were part of this transaction.

The substantial acquisition represents a strategic move by Seetha Kumari and her PAC to establish a meaningful stake in Nilkamal Limited, transitioning from a holding of 0.20% to 5.66% ownership in the company.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.35%	-0.48%	-4.19%	-16.62%	-27.10%	-2.87%

Nilkamal Limited has received a substantial acquisition disclosure regarding the complete disposal of shares by Madanlal Jain, who transferred his entire stake in the company through a gift transaction on December 18, 2025.

Transaction Details

The disposal involved the transfer of 8,14,041 equity shares, representing 5.46% of Nilkamal Limited's total voting capital. The transaction was executed as an off-market inter-se transfer by way of gift, reducing Jain's shareholding from 5.46% to zero.

Parameter	Details
Shares Transferred	8,14,041
Percentage of Capital	5.46%
Transaction Mode	Off-Market Inter-se Transfer by Gift
Transaction Date	December 18, 2025

Shareholding Pattern Changes

The disclosure shows a complete divestment by Madanlal Jain, who was not part of the promoter or promoter group. His holding pattern changed as follows:

Holding Period	Number of Shares	Voting Rights (%)	Diluted Capital (%)
Before Disposal	8,14,041	5.46	5.46
Shares Transferred	8,14,041	5.46	5.46
After Disposal	0	0.00	0.00

Company Capital Structure

Nilkamal Limited's equity share capital remained unchanged following this transaction. The company maintains its capital structure with ₹14,92,25,250 comprising 1,49,22,525 equity shares of face value ₹10.00 each.

Regulatory Compliance

The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Nilkamal Limited's shares are listed on both the National Stock Exchange of India Limited and BSE Limited, ensuring compliance with dual listing requirements.

This transaction represents a significant change in the company's non-promoter shareholding pattern, with Jain's complete exit from his equity position in the plastic products manufacturer.