Specialty Chemicals
Shareholding10 April 2026 at 05:23 am

Camlin Fine Sciences Promoter Pledges 0.34% Equity for ₹6.3 Cr

AI Summary

Camlin Fine Sciences Ltd. announced that its promoter, Mr. Ashish Subhash Dandekar, created a pledge on 6,50,000 equity shares, representing 0.34% of the company's total share capital. The pledge, valued at ₹6,30,04,500 on March 30, 2026, was made in favor of Ashika Credit Capital Limited. The purpose of this encumbrance is to provide additional margin security for financial assistance obtained by Camlin Fine Sciences Ltd. Following this transaction, the promoter's total encumbered shareholding now stands at 77.36% of their total stake.

Key Highlights

  • Promoter pledged 6.5 lakh shares, 0.34% of total equity.
  • Shares valued at ₹6.30 crore were pledged on March 30, 2026.
  • Encumbrance provides additional margin for company's financial assistance.
  • Promoter's total pledged holding now stands at 77.36%.