Archean Chemical Industries Limited announced that Chemikas Speciality LLP, a promoter, has pledged 9,50,000 equity shares. This pledge represents 0.77% of the total share capital. Following this encumbrance, the total number of shares pledged by the promoter group stands at 70,50,000, which is 5.71% of the total share capital. The pledge was created on January 22, 2026, as collateral for loans with Bajaj Financial Securities Ltd.
Share Pledge Details
Chemikas Speciality LLP, a promoter of Archean Chemical Industries Limited, has created an encumbrance by pledging 9,50,000 equity shares of the company. This transaction was officially reported on January 27, 2026.
Impact on Promoter Holding
Following this pledge, the total number of shares encumbered by the promoter group amounts to 70,50,000 shares, representing 5.71% of the total share capital of Archean Chemical Industries Limited. Previously, the promoter holding already encumbered was 61,00,000 shares, or 4.94% of the total share capital.
Reason for Encumbrance
The pledge of shares serves as collateral for loans. The beneficiary of this pledge is Bajaj Financial Securities Ltd.
Promoter Holding Summary
As of January 27, 2026, Chemikas Speciality LLP holds 3,76,93,219 shares, representing 30.53% of the total share capital. P. Ranjit holds 2,82,65,965 shares, representing 22.90%.
Source: BSE
