StockWatch
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Specialty Chemicals
Shareholding29 Oct 2026, 03:52 pm

Camlin Fine Sciences: Promoter Ashish Dandekar Pledges 8.20% Stake

AI Summary

Camlin Fine Sciences Ltd announced that promoter Ashish Subhash Dandekar has created an encumbrance on 1,57,60,000 equity shares, representing 8.20% of the total share capital. This pledge, executed on October 27, 2026, is for additional margin to cover a shortfall in security cover related to financial assistance obtained. The shares were pledged with Aditya Birla Capital Limited. In a separate transaction on the same date, 1,63,10,000 shares (8.49% of total capital) were pledged with SKS Fincap Private Limited. Mr. Dandekar's total promoter shareholding is 10.30% (1,97,78,510 shares). The encumbered shares represent 82.46% of his total promoter holding.

Key Highlights

  • Promoter Ashish Dandekar pledged 8.20% stake with Aditya Birla Capital.
  • Another 8.49% stake pledged with SKS Fincap Private Limited.
  • Pledges are for additional margin to cover security cover shortfall.
  • Total promoter holding is 10.30% of the company's share capital.
  • Encumbered shares constitute 82.46% of promoter's total holding.