Announced Mon, 18 May · 15:26 IST

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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HSCL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-6.1%1-day move
₹597.00
prior close
₹550.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-6.1-3.9-1.0-2.5+0.0+1.8+13.7+15.4+29.1
Up moveDown movePending
AI summary

Himadri Speciality Chemical's promoters and persons acting in concert (PAC) have submitted a declaration confirming that their shares are free from any undisclosed encumbrance as of 31 March 2026. This is a routine annual compliance filing under SEBI SAST Regulations. The promoter group holds a total of 26,48,59,302 shares, with key holdings by Anurag Choudhary (4,33,17,676 shares) and Modern Hi-Rise Private Limited (18,54,07,559 shares). The disclosure is signed by promoter Anurag Choudhary on behalf of all promoters and PAC.

Likely market impact

A clean non-encumbrance declaration is positive for shareholders as it indicates promoters' shares are not pledged, reducing risk of forced selling. This supports promoter confidence in the company.