StockWatch
·
Specialty Chemicals
Shareholding9 Nov 2026, 02:43 pm

Camlin Fine Sciences: Promoter pledges 8.64% shares

AI Summary

Camlin Fine Sciences Ltd has disclosed that promoter Ashish Subhash Dandekar has created a pledge on 1,66,00,000 equity shares, representing 8.64% of the total share capital. This pledge was created on November 6, 2026, with SKS Fincap Private Limited as the beneficiary. The reason cited for this encumbrance is an additional margin pledge to cover a shortfall in security cover concerning financial assistance obtained by the company. This action increases the total pledged shares by the promoter to 8.64% of the total share capital.

Key Highlights

  • Promoter Ashish Subhash Dandekar pledged 1,66,00,000 shares.
  • The pledged shares represent 8.64% of Camlin Fine Sciences' total share capital.
  • The pledge was created on November 6, 2026, in favor of SKS Fincap Private Limited.
  • Reason for pledge: Additional margin for security cover shortfall.
  • Total promoter shareholding is 10.30%, with 8.64% now pledged.