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 ....

Promoter pledge above 50%Ownership Changes View source PDF Explain this filing

BALAMINES · price

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Price reactionminutes from the announcement price · days from the prior close

-2.3%Reaction day

₹1115.00

prior close

₹1110.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.3%-2.5% vs market

Specialty Chemicals peers, median of 87sector-1.0%-1.3% vs sector

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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.3

10m

+0.7

15m

+0.6

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.3+0.3-2.5-1.0-1.3

Next day

-3.6-0.4-3.2-1.8-1.8

-4.0-0.4-3.6-2.0-2.0

+9.1-2.3+11.3-3.3+12.4

+2.9-4.0+6.9-4.0+6.8

-1.1-4.8+3.7-4.8+3.6

+13.2-4.5+17.7-4.5+17.7

15d

+8.7-8.0+16.8-7.9+16.6

-1.0-4.2+3.2-5.4+4.4

-4.0-10.2+6.2-12.3+8.4

-6.5-11.8+5.3-15.4+8.9

UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 87Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Promoter Mr. Dundurapu Ram Reddy has created a pledge on 6,25,000 shares of Balaji Amines Limited with HDFC Bank Limited, dated December 30, 2025. This pledge covers 88.64% of his total promoter shareholding of 7,05,124 shares (2.18% of total share capital). The pledged shares are valued at approximately ₹75 crore, against a loan amount of ₹250 crore (asset cover ratio of 0.30). The borrowed funds are being used by Balaji Speciality Chemicals Limited, the company's subsidiary, for its principal business activities. This is a fresh creation of encumbrance, not a release or invocation.

Likely market impact

The pledge is on behalf of the company's subsidiary for business purposes, not personal use, which is a relatively benign reason for pledging shares. However, with 88.64% of the promoter's personal holding now pledged, any sharp fall in the share price could trigger margin calls, posing a risk to promoter shareholding stability.