SUMICHEMNSESumitomo Chemical India LimitedMediumNeutral
Announced Thu, 23 Apr · 14:34 IST

Sumitomo Chemical Company 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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SUMICHEM · 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
-2.0%1-day move
₹443.45
prior close
₹446.10
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.2-0.4+0.6-2.0-0.2-2.4-1.9-5.5+7.9+3.6+8.4-1.9+19.5
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AI summary

Sumitomo Chemical Company Limited, the Japanese parent company, has filed a declaration confirming that no encumbrance (pledge) has been created on 37,43,59,302 shares held by them in Sumitomo Chemical India Limited as of 31st March 2026. This is a routine compliance filing under SEBI regulations requiring promoters to disclose the status of share pledges. The filing comes from Tokyo and is addressed to both BSE and NSE.

Likely market impact

This is a positive disclosure confirming that the parent company's stake in the Indian subsidiary is free from any pledge or encumbrance, indicating healthy promoter commitment and reducing risk for minority shareholders.