StockWatch
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Specialty Chemicals
Shareholding24 Jul 2026, 10:13 am

Archean Chemical Promoter Releases 5,200 Shares from Pledge

AI Summary

Archean Chemical Industries Ltd has disclosed the release of a pledge on 5,200 shares held by Chemikas Speciality LLP, a promoter entity. The release, dated July 22, 2026, signifies the repayment of a loan availed by the promoter from JM Financial Products Limited. This action reduces the encumbered shares by 0.004% of the company's capital and 0.014% of the promoter's holding. The total number of shares still under pledge post-release is 2,82,65,965.

Key Highlights

  • Promoter Chemikas Speciality LLP released 5,200 shares from pledge.
  • Pledge release is due to loan repayment to JM Financial Products.
  • Encumbrance reduced by 0.004% of total capital.
  • Total pledged shares now stand at 2,82,65,965.