StockWatch
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Electrodes & Refractories
Shareholding23 May 2026, 02:30 pm

Vimal Prakash HUF Acquires 1.78% Stake in Nilachal Refractories

AI Summary

Vimal Prakash HUF acquired a 1.78% stake in Nilachal Refractories Ltd through an off-market transaction on April 22, 2026, according to a revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition involved 3,62,500 shares, maintaining the total equity share capital of the company at 1.78% post-acquisition. Vimal Prakash HUF, identified as part of the Promoter/Promoter group, held the shares before and after the acquisition.

Key Highlights

  • Vimal Prakash HUF acquired 3,62,500 shares of Nilachal Refractories.
  • The acquisition was executed through an off-market transaction.
  • The transaction maintains Vimal Prakash HUF's holding at 1.78% of the company's equity.
  • The disclosure is made under SEBI's Substantial Acquisition of Shares & Takeovers Regulations.
  • Vimal Prakash HUF is classified as part of the Promoter/Promoter group.