NGL Fine Chem Ltd
NGL Fine Chem Ltd - 524774 - Intimation Regarding Receipt Of SEBI Exemption Order Under Regulation 11(5) Of The SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011
01 / The disclosure
What the company shared
Intimation of receipt of SEBI Exemption order.
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Check disclosed contract value, customer, execution timeline and conditions. Compare the order with existing revenue and the order book.
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(11.55%)Page 1
Rahul Nachane Family Trust The proposed acquisition involves the transfer of 7,13,449 equity shares (11.55%) held by Mrs. Ajita Nachane (Transferor) and 10,83,450 equity shares (17.54%) held by Mr. Rahul Nachane (Transferor), aggregating to 17,96,899 equity shares, representing 29.09% of the total paid-up equity share capital of the Company, to the respective family trusts.
View source page(17.54%)Page 1
Rahul Nachane Family Trust The proposed acquisition involves the transfer of 7,13,449 equity shares (11.55%) held by Mrs. Ajita Nachane (Transferor) and 10,83,450 equity shares (17.54%) held by Mr. Rahul Nachane (Transferor), aggregating to 17,96,899 equity shares, representing 29.09% of the total paid-up equity share capital of the Company, to the respective family trusts.
View source page29.09%Page 1
Rahul Nachane Family Trust The proposed acquisition involves the transfer of 7,13,449 equity shares (11.55%) held by Mrs. Ajita Nachane (Transferor) and 10,83,450 equity shares (17.54%) held by Mr. Rahul Nachane (Transferor), aggregating to 17,96,899 equity shares, representing 29.09% of the total paid-up equity share capital of the Company, to the respective family trusts.
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01Symbol: NGLFINE Sub: Intimation regarding receipt of SEBI Exemption Order under Regulation 11(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Dear Sir/Madam, This is to inform you that the Company received yesterday, i.e., October 12, 2026, the order bearing reference no.
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02WTM/KCV/CFD/11/2025-26 dated October 9, 2026, passed by the Securities and Exchange Board of India (“SEBI”), in the matter of the proposed acquisition of shares and voting rights in NGL Fine -Chem Limited (Target Company) by Ajita Nachane Family Trust and Rahul Nachane Family Trust.
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03Vide the said order, SEBI has granted exemption to Ajita Nachane Family Trust and Rahul Nachane Family Trust, the proposed acquirers, from complying with the requirements of Regulations 3(1) and 4 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, in respect of the proposed acquisition of shares of the Company, as under: Target Company Proposed Acquirers NGL Fine-Chem Limited 1.
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04Rahul Nachane Family Trust The proposed acquisition involves the transfer of 7,13,449 equity shares (11.55%) held by Mrs. Ajita Nachane (Transferor) and 10,83,450 equity shares (17.54%) held by Mr. Rahul Nachane (Transferor), aggregating to 17,96,899 equity shares, representing 29.09% of the total paid-up equity share capital of the Company, to the respective family trusts.
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05A copy of the said Order is enclosed for your reference.
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Source & verificationView the disclosure trail
- Summary method
- Exchange-provided text; no generated financial figures
- Exchange identifier
- ad0fb708-a108-4a63-b55f-9b14b7109e17
- First collected
- 13 Oct 2026, 10:54 IST
- PDF extraction
- extracted · 1 pages read
- Extraction note
- Source excerpts; financial tables have not been validated.
- Document SHA-256
- 8c8bd86fc03b7ebd85a3a032fbeafdd5bf1578b75d00db745162627e1e73e0d4