Nilachal Refractories Promoters Increase Stake by 5.18% Through Inter

Nilachal Refractories Ltd's promoter group has completed a substantial acquisition of shares, with Niraj Jalan and associated promoter entities acquiring 10,55,000 shares representing 5.18% of the company's equity capital. The transaction was executed through inter-se transfer among promoters on February 6, 2026. Transaction Overview The acquisition involved four key promoter group members acquiring shares from existing promoter entities. The total equity share capital of Nilachal Refractories stands at 203,614,500 shares, with the company's shares listed on BSE Ltd and The Calcutta Stock Exchange Ltd. Parameter Details Total Shares Acquired 10,55,000 Percentage Acquired 5.18% Transaction Date February 6, 2026 Mode of Transfer Inter-se transfer among promoters Total Share Capital 203,614,500 Detailed Transfer Breakdown The acquisition comprised multiple transfers between promoter entities, with the largest single transfer involving Pankaj Jalan acquiring 6,65,000 shares from Piyush Jalan. Acquirer Shares Acquired Percentage Acquired Final Holding Final Percentage Pankaj Jalan 6,65,000 3.27% 10,32,000 5.07% Bhagwati Prasad Jalan 1,65,000 0.81% 7,15,584 3.51% Niraj Jalan 1,50,000 0.74% 7,90,000 3.88% Bhagwati Prasad Jalan & Sons HUF 75,000 0.37% 1,50,000 0.74% Promoter Group Holdings Following the acquisition, the combined holding of the promoter group increased significantly from their previous position. Holding Status Number of Shares Percentage Before Acquisition 16,32,584 8.01% Shares Acquired 10,55,000 5.18% After Acquisition 26,87,584 13.20% Regulatory Compliance The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Niraj Jalan, acting as the authorized signatory on behalf of himself and other promoter group members, submitted the required documentation to both BSE Ltd and The Calcutta Stock Exchange Ltd on January 31, 2026. The promoter group includes Bhagwati Prasad Jalan, Bhagwati Prasad Jalan & Sons HUF, Niraj Jalan, and Pankaj Jalan, all of whom are classified as promoters of the company. The transaction represents a strategic consolidation of shareholding within the promoter group through off-market transfers. Nilachal refractories Limited has announced that its Board of Directors will convene on January 24, 2026, to review and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting is scheduled to take place at 4:00 PM at the company's office located at 30 D, J.L. Nehru Road, Kolkata, West Bengal. Meeting Details and Agenda The board meeting has been formally notified to BSE Limited in accordance with Regulation 29 of SEBI (Listing Obligations and Disclosures Requirements). The company issued the notice on January 19, 2026, providing the mandatory advance notification to stakeholders. Parameter: Details Meeting Date: January 24, 2026 Meeting Time: 4:00 PM Venue: 30 D, J.L. Nehru Road, Kolkata-700016 Quarter Under Review: Q3 FY26 (ended December 2025) Key Agenda Items The board will primarily focus on two main agenda items during the meeting: Financial Results Review: Consideration and approval of unaudited financial results for the third quarter ended December 2025 Additional Matters: Any other business matters that may be taken up with the permission of the Chair Regulatory Compliance The announcement demonstrates Nilachal Refractories Limited's adherence to corporate governance norms and regulatory requirements. The notice was signed by Vijay Kumar Gupta, Company Secretary and Compliance Officer (Membership No. 34197), ensuring proper authorization and compliance with statutory obligations. The company operates under CIN L26939OR1977PLC000735 and maintains its registered office at Flat No. 23, 3rd Floor, Block 'D' Chowringhee Mansion, 30 J N Road, Kolkata. Stakeholders and investors will await the outcome of this board meeting for insights into the company's third-quarter performance for fiscal year 2026. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. 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