Chemcon Speciality Chemicals 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.
CHEMCON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Chemcon Speciality Chemicals has submitted annual declarations to BSE and NSE from its promoters as required under SEBI's takeover regulations. Three promoters — Kamalkumar Rajendra Aggarwal, Navdeep Naresh Goyal, and Shubharangana Naresh Goyal — have each confirmed that they and persons acting in concert have not created any new encumbrance (pledge, lien, or charge) on their shares in the company during the financial year ending 31st March 2025. The declarations were signed on April 3, 2025 and submitted to the exchanges on April 5, 2025. This is a routine yearly compliance filing and not triggered by any specific event.
This is a routine annual compliance disclosure and is neutral for the stock. Promoters confirming no new encumbrances is a mild positive, indicating they are not adding new pledges on their holdings, but it carries no material implication for the share price.