Nilkamal stake shifts from Madanlal Jain to Seetha Kumari and Krithika Jain

Seetha Kumari and Krithika Jain have jointly acquired 8,14,041 equity shares, representing 5.46% of Nilkamal Limited's total voting capital, through an off-market inter-se transfer by way of gift. This acquisition, dated December 18, 2025, increased their combined holding from 30,617 shares (0.20%) to 8,44,658 shares (5.66%) of the company.

Simultaneously, Madanlal Jain disposed of 8,14,041 equity shares in Nilkamal Limited, also via an off-market inter-se transfer by gift on December 18, 2025. This transaction reduced Madanlal Jain’s holding from 8,14,041 shares (5.46%) to 0 shares (0%) of the company.

These disclosures, made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, detail a significant change in shareholding. The transactions occurred on the National Stock Exchange of India Limited and BSE Limited.