The promoter group of Himadri Speciality Chemical Ltd has increased its stake by exercising rights attached to warrants. This acquisition involves equity shares, increasing the promoter group’s voting rights. The transaction was completed on November 11, 2025. This move reflects confidence in the company’s future prospects by its key stakeholders.
Promoter Group’s Increased Holding
The promoter group of Himadri Speciality Chemical Limited has acquired additional equity shares and voting rights through the exercise of warrants. This acquisition impacts the overall shareholding pattern within the company.
Details of Acquisition
Anurag Choudhary acquired 60,00,000 shares, representing a 1.21% increase. Amit Choudhary acquired 40,00,000 shares, reflecting a 0.81% rise. The total acquisition amounts to 100,00,000 shares, a 2.02% increase through warrant conversions.
Shareholding After Acquisition
Following the acquisition, the shareholding of key members and entities within the promoter group is as follows:
- Shyam Sundar Choudhary: 82,50,000 shares (1.64%)
- Anurag Choudhary: 4,33,17,676 shares (8.59%)
- Amit Choudhary: 1,77,50,000 shares (3.52%)
- Modern Hi-Rise Private Limited: 18,54,07,559 shares (36.75%)
- Himadri Credit & Finance Limited: 14,84,067 shares (0.29%)
The total number of equity shares post-acquisition is 50,44,94,950, with a diluted share/voting capital of 50,46,34,543 Equity Shares. This change reflects the adjustments after considering the conversion of warrants into equity shares.
Source: BSE
