Investment28 March 2026 at 08:31 am
Promoter of Camlin Fine Sciences Ltd Creates Pledge for Additional Margin to Cover Shortfall in Security for Financial Assistance
AI Summary
On March 20, 2026, Mr. Ashish Subhash Dandekar, a promoter of Camlin Fine Sciences Ltd, created a pledge for additional margin to cover a shortfall in security for financial assistance obtained by the Target Company. This was followed by another pledge on March 25, 2026, for additional margin to cover a shortfall in security for financial assistance obtained for acquiring the shares of the Target Company. The total number of shares encumbered was 1,97,78,510, which is 10.30% of the total share capital. The first encumbrance was in favor of LRSD Securities Private Limited, and the second was in favor of Aditya Birla Capital Limited.
Key Highlights
- Mr. Ashish Subhash Dandekar creates pledge for additional margin to cover shortfall in security for financial assistance obtained by the Target Company on March 20, 2026.
- Mr. Ashish Subhash Dandekar creates another pledge for additional margin to cover shortfall in security for financial assistance obtained for acquiring the shares of the Target Company on March 25, 2026.
- Total number of shares encumbered is 1,97,78,510, which is 10.30% of the total share capital.
- The first encumbrance was in favor of LRSD Securities Private Limited, and the second was in favor of Aditya Birla Capital Limited.