Archean Chemical: Chemikas Speciality LLP Encumbers 2.65% Shares

Archean Chemical Industries Ltd has disclosed that Chemikas Speciality LLP has created a pledge on 2.65% of the company's capital, amounting to 10,00,000 shares, in favor of Aditya Birla Capital Limited as collateral for loans. Additionally, 79,00,000 shares (6.40% of capital) were pledged to CTL Trusteeship Limited for similar reasons. The disclosure also notes the release of pledges for 49,30,000 shares by Bajaj Finance Limited after loan repayment. These transactions are in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.