The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on February 19, 2026 for Ashish Subhash Dandekar
CAMLINFINE · price
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Awaiting price reaction for this filing.
Promoter Ashish Subhash Dandekar has released a pledge on 30,00,000 equity shares (1.56% of share capital) of Camlin Fine Sciences Ltd, originally pledged with Aditya Birla Finance Ltd. The release happened on February 18, 2026, and was disclosed to BSE and NSE on February 19, 2026. Before the release, the promoter had 1,00,00,000 encumbered shares (5.21% of capital); post-release, encumbered shares stand at 70,00,000 (3.64%). The promoter holds 1,97,78,510 shares (10.30%) in total. The reason given for release is that the security cover required margin was exceeded, meaning the value of pledged shares was comfortably above what was required as collateral.
This is a positive signal for shareholders — the pledge was released because the collateral value exceeded required margins, suggesting either stock price appreciation or improved financial standing of the promoter. It reduces the promoter group's encumbered holdings and lowers the risk of forced share sales.