Sale5 Oct 2026, 10:15 am
Thirumalai Chemicals Sells 9.5 Lakh Shares in Ultramarine & Pigments
AI Summary
Thirumalai Chemicals Limited has sold 9,50,000 shares, representing 3.25% of the total capital, in Ultramarine & Pigments Limited. The sale was conducted on the stock exchange via an on-market transaction on September 30, 2026. Following the sale, Thirumalai Chemicals' holding in Ultramarine & Pigments has reduced from 9.38% to 6.13%. The total equity share capital of Ultramarine & Pigments Limited remains 2,92,00,000 equity shares of Rs. 2/- each.
Key Highlights
- Thirumalai Chemicals sold 9.5 Lakh shares of Ultramarine & Pigments.
- The sale represents a 3.25% stake in the target company.
- Holding reduced from 9.38% to 6.13% post-transaction.
- Transaction was an on-market sale on September 30, 2026.
- Disclosure made under SEBI SAST Regulations, 2011.
Price Impact
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