Announced Tue, 1 Jul · 12:35 IST

Bhagiradha Chemicals & Industries Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Promoter Below 50pctOwnership Changes View source PDF

BHAGCHEM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bhagiradha Chemicals has submitted a routine annual disclosure under SEBI Takeover Regulations. The promoters and promoter group together hold 2,55,99,740 equity shares (19.74%) as on March 31, 2025. The filing confirms that no encumbrance (pledge or any other charge) was created on these shares, directly or indirectly, during the financial year ended March 31, 2025. The promoter group's holding is spread across 9 individuals/entities, with the lead promoter Singavarapu Chandrasekhar holding 12.90% (1.67 crore shares) individually.

Likely market impact

This is a routine compliance filing with no material change in promoter holding or pledge status, so the impact on shareholders is neutral. The disclosure reassures investors that promoters have not pledged their shares, which is a positive signal for shareholding stability. With promoter holding at just 19.74%, the stock has a relatively low promoter anchor.