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 March ....
CAMLINFINE · price
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Promoter Mr. Ashish Subhash Dandekar has disclosed the creation of two new pledges on his equity shares in Camlin Fine Sciences Ltd. On March 20, 2026, he pledged 6,25,000 shares (0.33% of share capital) in favor of LRSD Securities Private Limited, and on March 25, 2026, he pledged another 7,00,000 shares (0.36%) in favor of Aditya Birla Capital Limited. The reasons cited are additional margin pledges to cover shortfalls in security cover relating to financial assistance obtained by the company and for acquiring shares of the company. After these events, total encumbered shares stand at 1,46,50,000 (7.62% of share capital), which is 74.07% of the promoter's own shareholding of 1,97,78,510 shares (10.30% of total capital).
Encumbrance on promoter shares has crossed the 50% threshold of promoter holding, which is a negative signal indicating financial stress or liquidity concerns for the promoter. Repeated pledging to cover margin shortfalls may weigh on investor sentiment and the stock price in the short term.