StockWatch
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Specialty Chemicals
Shareholding30 Sept 2026, 06:00 pm

Anupam Rasayan Promoter Releases 33.4 Lakh Shares from Pledge

AI Summary

Anupam Rasayan India Ltd announced the release of a pledge on 33,40,000 equity shares held by promoter Anand Sureshbhai Desai. The shares were originally pledged on September 21, 2026, as security for the due payment and discharge of debt arising from the issuance of Non-Convertible Debentures (NCDs) by the company. The release of the pledge, effective September 30, 2026, follows the partial redemption of these NCDs. This action reduces the encumbered shares held by Anand Sureshbhai Desai to 3.37% of the company's total capital.

Key Highlights

  • Promoter Anand Sureshbhai Desai released 33.4 lakh shares from pledge.
  • Pledge was related to NCD issuance and debt discharge.
  • Release follows partial redemption of NCDs.
  • Encumbered shares held by promoter now stand at 3.37%.