Himadri Speciality Chemical 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.
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Awaiting price reaction for this filing.
Himadri Speciality Chemical has submitted a regulatory disclosure to BSE and NSE confirming that shares held by its promoters and Persons Acting in Concert (PAC) are free from any encumbrance (such as pledges or liens) as of 31 March 2025. The declaration was filed by promoter Anurag Choudhary on behalf of all promoters and PAC under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations. A list of 9 promoter/PAC entities and their individual shareholdings is enclosed, collectively totalling around 25.49 crore shares. This is a routine annual compliance filing required of listed companies, not a corporate action.
A positive and routine disclosure — shareholders can take comfort that promoter shares are not pledged or under any undisclosed encumbrance, reducing the risk of forced selling. No material impact on stock price is expected from this filing.