The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on January 02, 2026 for Nomula Rajeshwar ....
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Balaji Amines Limited has informed the exchanges about the creation of a pledge on shares held by its promoters, Mr. Nomula Rajeshwar Reddy and Mrs. Nomula Saritha Reddy (PAC), with HDFC Bank Limited. A total of 6,25,000 shares (about 1.92% of total share capital) have been pledged — 4,00,000 shares (1.23%) by Mr. Reddy and 2,25,000 shares (0.69%) by Mrs. Reddy — on December 30, 2025. The pledge has been created as security for credit facilities availed by the company's subsidiary, Balaji Speciality Chemicals Limited, which will use the funds for its principal business activities. Prior to this, neither promoter had any encumbered shares with them.
This is a routine disclosure showing promoters raising working capital for a subsidiary by pledging their personal shares. Since the pledged percentage is small (under 2%) and is for the benefit of the company's own subsidiary rather than personal use, the impact on shareholders is neutral. There is no change in promoter ownership or control, and the pledge does not pose an immediate risk to shareholding.