StockWatch
·
Dyes And Pigments
Shareholding3 Sept 2026, 10:19 am

Thirumalai Chemicals Sells 5% Stake in Ultramarine & Pigments

AI Summary

Thirumalai Chemicals Limited has disclosed the disposal of 14,60,000 equity shares, representing 5% of the total share capital, in Ultramarine & Pigments Limited. This transaction was executed via a block deal on the BSE. Following the sale, Thirumalai Chemicals' holding in Ultramarine & Pigments has reduced from 14.38% to 9.38%. The total equity share capital of Ultramarine & Pigments remains unchanged at 2,92,00,000 equity shares of Rs. 2/- each.

Key Highlights

  • Thirumalai Chemicals sold 5% stake in Ultramarine & Pigments.
  • Disposal was made through a block deal on BSE.
  • Holding reduced from 14.38% to 9.38%.
  • Transaction involves 14,60,000 equity shares.