The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on February 27, 2026 for Ashish Subhash Dandekar
CAMLINFINE · price
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Promoter Mr. Ashish Subhash Dandekar has created a new pledge of 18,00,000 equity shares (0.94% of total share capital) of Camlin Fine Sciences Ltd in favour of HDFC Bank Ltd on February 24, 2026. The shares were pledged to facilitate borrowing by the company itself. After this pledge, the promoter's total encumbered holding rises to 88,00,000 shares (4.58% of share capital), while his overall stake remains unchanged at 1,97,78,510 shares (10.30%). This is a routine SEBI SAST Regulation 31 disclosure filed on February 27, 2026.
This is a small incremental pledge aimed at helping the company raise debt, not a sign of distress. Investors should keep an eye on total pledged shares across all promoters as a rising pledge ratio can indicate higher financial leverage or refinancing needs.