In Compliance with the Provision of Regulation-31(4) of the SEBI(SAST) Regulation,2011
Awaiting price reaction for this filing.
Alchemist Corporation Ltd has submitted a yearly compliance disclosure to BSE under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations for the financial year ended 31st March 2021. Along with the company, its promoter Rajendra Seclease Limited has separately declared that it has not created any encumbrance (pledge, lien or lock-in) on its shares in Alchemist Corporation during FY 2020-21. The disclosure is being filed on 17th April 2025, several years after the end of the reporting period, indicating it is a delayed compliance submission. The filing is routine and does not involve any change in shareholding or voting rights.
This is a routine regulatory disclosure and is neutral for the stock. The promoter's declaration of 'no encumbrance' means their holdings are not pledged as collateral, which is mildly reassuring for retail investors as it reduces concerns about forced selling pressure from the promoter.