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De Neers Tools

IncreasedSAST
DENEERSIron & Steel ProductsMarket Cap₹171 Cr
Stake
37.83% → 42.80%
Deal value
₹14.16 Cr
Shares
7.70 L
Trade date
23 Jul 2026
Since alert−16.6%₹194.65 → ₹162.40
Nifty 50−3.0%
NE
Neeraj Kumar Aggarwal and Shilpy Aggarwal
Promoter
The move

Neeraj Kumar Aggarwal and Shilpy Aggarwal increased their stake in De Neers Tools from 37.83% to 42.80% by acquiring 7,70,000 shares via preferential allotment on conversion of warrants.

About De Neers Tools
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A wholesale trading company specializing in hardware tools, De Neers Tools operates across India's construction and industrial sectors. Established in 1952, the company sources and distributes hand tools, power tools, pneumatic equipment, and related hardware to retailers, contractors, and industrial buyers nationwide. Its focus on reliable product sourcing, quality assurance, and consistent supply chains differentiates it within India's fragmented hardware distribution market.

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De Neers Tools
More moves in De Neers Tools
Neeraj Kumar Aggarwal and Shilpy AggarwalNew position
Promoters Neeraj Kumar Aggarwal and Shilpy Aggarwal acquired 16,80,000 shares of De Neers Tools for ₹30.60 Cr at ₹182.15 apiece through a preferential allotment, increasing their stake from 0.00% to 8.87%.
4 May 2026
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