Nirmal Vinod Shah 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.
CHEMBONDCH · price
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Promoters of Chembond Chemicals along with Persons Acting in Concert (PAC) disclosed holding 1,82,83,955 shares, representing 67.98% of the company's total share capital as of March 31, 2026. The disclosure was submitted by Nirmal V. Shah, Promoter & Managing Director. The filing explicitly states that no shares were encumbered (pledged) during the financial year ended March 31, 2026. The promoter group consists of 28 entities including family members, HUFs, and group companies like Visan Holdings Pvt Ltd and Finor Piplaj Chemicals Ltd. This is a routine regulatory filing under SEBI SAST regulations.
Promoter holding at 67.98% remains well above the 50% threshold, indicating stable control. The explicit statement of no share encumbrance during the year is a positive signal for shareholders as it suggests promoters have not pledged their shares, reducing risk of forced selling.