In Compliance with the Provision of Regulation-31(4) of the SEBI(SAST) Regulation,2011
Awaiting price reaction for this filing.
Rajendra Seclease Limited, the promoter of Alchemist Corporation Ltd, has filed a compliance disclosure under SEBI's Takeover Regulations for the financial year ended March 31, 2022. The promoter, along with persons acting in concert, has declared that it did not create any encumbrance (such as pledge or lien) on the company's shares, directly or indirectly, during that financial year. The disclosure was submitted to BSE on April 17, 2025, more than three years after the reporting period ended. This is a routine regulatory filing rather than a new corporate action.
This is a routine compliance disclosure and is not expected to materially impact the stock price. It simply confirms that the promoter did not pledge or otherwise encumber any shares during FY 2021-22, which is neutral to slightly positive as it indicates no immediate funding pressure on the promoter.