Niraj Jalan Files Regulatory Disclosure for 5.18% Nilachal Refractories Acquisition
Niraj Jalan Files Regulatory Disclosure for 5.18% Nilachal Refractories Acquisition is drawing significant interest across the industry.
Niraj Jalan has submitted regulatory disclosures under SEBI Takeover Regulations for acquiring 10,55,000 equity shares (5.18%) in Nilachal Refractories through inter-promoter gift transfers. The transaction involves four acquiring entities and will increase their collective shareholding from 8.01% to 13.20% upon completion on March 10, 2026.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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