The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anurag Choudhary & PACs
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Promoters of Himadri Speciality Chemical Ltd acquired 1,00,00,000 equity shares (about 1.98% of post-issue capital) through a preferential allotment on November 7, 2025. Anurag Choudhary received 60 lakh shares, raising his individual holding from 7.55% to 8.59%, while Amit Choudhary received 40 lakh shares, taking his stake from 2.78% to 3.52%. The total promoter and PAC group holding rose from 51.55% to 52.50% of the paid-up equity capital. The company's total share base expanded to 50.44 crore shares (face value Re 1) after the preferential issue, up from 49.44 crore shares.
Net positive for shareholders — promoters increasing their stake via preferential allotment signals strong confidence in the company's prospects and further consolidates their majority control. The move also slightly reduces free float, which can support price stability.