StockWatch
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Electrodes & Refractories
Shareholding5 Jun 2026, 03:53 pm

Nilachal Refractories: Pankaj Jalan Revises Shareholding Disclosure

AI Summary

Nilachal Refractories Limited has received a revised disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from Pankaj Jalan and Persons Acting in Concert (PACs). The revision pertains to rectification of previous submissions. Post-acquisition, Pankaj Jalan and PACs now hold 10,32,000 equity shares, representing 5.07% of the total share capital. The acquisition of 6,65,000 shares was made through an off-market sale on March 10, 2023. This filing clarifies the shareholding structure as per regulatory requirements.

Key Highlights

  • Pankaj Jalan and PACs revised shareholding disclosure for Nilachal Refractories.
  • Total holding increased to 5.07% (10,32,000 shares).
  • Acquisition of 6,65,000 shares completed via off-market sale.
  • Disclosure complies with SEBI (SAST) Regulations, 2011.