Shareholding6 Jul 2026, 10:46 am
Archean Chemical Promoter Encumbers 8.5 Lakh Shares
AI Summary
Archean Chemical Industries Ltd has disclosed promoter Chemikas Speciality LLP's share encumbrance activities. On June 30, 2026, 8,50,000 shares were created as pledge for collateral loans, representing 0.69% of the company's capital and 2.26% of Chemikas Speciality LLP's holding. Subsequently, on July 3, 2026, 22,00,000 shares were released from pledge after loan repayment, accounting for 1.78% of the company's capital and 5.84% of the promoter's holding. The total promoter holding in Archean Chemical Industries is 30.53%.
Key Highlights
- Promoter Chemikas Speciality LLP pledged 8.5 lakh shares on June 30, 2026.
- Shares were pledged as collateral for loans.
- 22 lakh shares were released from pledge on July 3, 2026.
- Loan repayment led to the release of pledged shares.
- These are disclosures under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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