Archean Chemical: CTL Trusteeship Pledges 79 Lakh Shares

CTL Trusteeship Ltd, acting as Security Trustee for lenders, has disclosed the creation of encumbrance on 79,00,000 equity shares of Archean Chemical Industries Limited. This represents 6.40% of the company's total share capital. The pledge was made in favor of CTL Trusteeship Limited on behalf of the Lender(s). The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.