The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on January ....
BALAMINES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Balaji Amines Limited has disclosed that promoter Mr. Nomula Rajeshwar Reddy has created a pledge on 6,25,000 of his shares in favour of HDFC Bank Limited, dated 30 December 2025. This pledge represents 57.24% of his personal promoter shareholding, though only a small portion (around 3.37% stake shown in this disclosure) of the total company share capital. The pledged shares are valued at ₹75 crore against a borrowing of ₹250 crore, giving a security cover ratio of 0.30. The funds are being raised by Balaji Speciality Chemicals Limited, a subsidiary company, for its principal business activities. The pledging is for credit facilities availed by the subsidiary from HDFC Bank.
Although the pledge covers more than 50% of the individual promoter's shareholding, it is being raised to fund the company's subsidiary's business operations rather than for personal use — generally a neutral-to-mildly-negative signal. Investors should monitor any further pledges or any invocation risk if the subsidiary's business performance weakens.