Chembond Chemicals Promoter Nirmal Shah Boosts Stake to 13.40% Through Open Market Purchases
Nirmal Shah, Promoter and Managing Director of Chembond Chemicals Limited, acquired 12,906 equity shares through open market transactions on BSE and NSE. The purchases increased Shah's shareholding from 35,90,380 shares (13.35%) to 36,03,286 shares (13.40%), representing a 0.05% increase in ownership of the company's total voting capital. The transaction was disclosed in compliance with SEBI regulations.
Chembond Chemicals Limited announced robust Q1 FY26 financial results following its recent demerger and stock exchange listing. Consolidated revenue increased by 1.59% to Rs 6,538.10 lakhs, while profit before tax grew by 21.50% to Rs 979.97 lakhs. Profit after tax rose by 11.93% to Rs 627.01 lakhs. Standalone revenue grew by 11.53% to Rs 1,849.57 lakhs, with profit before tax up 49.89% to Rs 257.00 lakhs. The company completed its demerger and began trading on BSE and NSE on July 23, 2025, after changing its name from Chembond Chemical Specialties Limited on June 24, 2025.