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%.
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.
