Shareholding9 Nov 2026, 02:45 pm
Camlin Fine Sciences Promoter Pledges 8.64% Shares
AI Summary
Camlin Fine Sciences Ltd announced that promoter Mr. Ashish Subhash Dandekar has created an encumbrance on 1,66,00,000 equity shares, representing 8.64% of the total share capital. This pledge was made on November 6, 2026, as additional margin for covering a shortfall in security cover related to financial assistance obtained by the company. The shares were pledged in favor of SKS Fincap Private Limited. This action means that a significant portion of the promoter's holding is now encumbered, raising potential concerns about financial leverage and risk.
Key Highlights
- Promoter Mr. Ashish Subhash Dandekar pledged 1,66,00,000 shares.
- The pledged shares represent 8.64% of total share capital.
- Encumbrance is for additional margin to cover security shortfall.
- Shares pledged in favor of SKS Fincap Private Limited.
Price Impact
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