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 Dundurapu Ram Reddy ....
BALAMINES · price
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On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 1.3 pts less than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Promoter Dundurapu Ram Reddy and PAC Dundurapu Vandana Reddy have created a fresh pledge on a total of 6,25,000 shares (approximately 1.93% of total share capital) of Balaji Amines Limited in favour of HDFC Bank Limited. The pledge was created on December 30, 2025 and serves as security for credit facilities being availed by Balaji Speciality Chemicals Limited, a subsidiary of the company. Prior to this event, neither promoter had any shares already encumbered, meaning this is a new pledge from scratch. Mr. Reddy individually pledged 4,25,000 shares (1.31%) while Mrs. Reddy pledged 2,00,000 shares (0.62%).
Since this is a fresh pledge creation on a small portion of share capital (under 2%) to support the subsidiary's funding needs, it is not a material threat to promoter control. However, retail investors should track whether promoter pledging trends upward over coming quarters, as rising pledge levels can be a warning sign of financial stress.