Announced Mon, 13 Jul · 14:34 IST
Promoter Chemikas LLP pledges 89 lakh shares, releases 59.3 lakh shares
ACI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.0%1-day move
₹528.00
prior close
₹532.35
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.0-0.2-0.6+1.0+2.8+4.1+4.3+7.0+6.1————
Up moveDown movePending
AI summary
Chemikas Speciality LLP, a promoter of Archean Chemical Industries holding 30.53% stake, reported encumbrance changes. Created new pledges of 89 lakh shares (7.21%) as collateral with Aditya Birla Capital and JM Financial Credit Solutions. Released 59.3 lakh shares (4.79%) pledged with Bajaj Finance and Aditya Birla Capital after loan repayment. Net pledged shares rose to 1.53 crore shares or 12.41% of capital.
Likely market impact
Net pledged shares rose from 9.99% to 12.41%. Promoter borrowing against shares increased while some loans were repaid. Monitor for pledge invocation risk.