The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on April 29, 2026 for Suchir Chemicals Pvt Ltd
VINATIORGA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Suchir Chemicals Pvt Ltd (a promoter entity of Vinati Organics) has filed a revised disclosure correcting an earlier filing from March 30, 2026. The revision updates the reason for pledge release to 'Release of pledge upon repayment of loan' and identifies ICICI Bank Limited as the entity in whose favour the shares were encumbered. The event involved the release of 825,000 shares (0.80% of total share capital) held by Suchir Chemicals. The pledge was released after Alphagrep Securities Private Limited repaid a loan it had availed from ICICI Bank Limited. Total promoter holding in Vinati Organics post-event stands at 74.28% (47,553,168 shares).
The pledge release removes a 0.80% encumbrance on promoter shares, marginally improving the free float. Promoter holding remains firmly above 50% at 74.28%, so there is no change in control dynamics.