Shareholding3 Sept 2026, 10:58 am
Thirumalai Chemicals Sells 5% Stake in Ultramarine & Pigments
AI Summary
Thirumalai Chemicals Limited, a promoter group entity, has disposed of 14,60,000 equity shares, representing 5% of the total share capital, in Ultramarine & Pigments Limited. This transaction was conducted 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 executed via a block deal on the BSE.
- Thirumalai's holding reduced from 14.38% to 9.38%.
- Transaction falls under SEBI SAST Regulations disclosure.
Price Impact
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