Anand Sureshbhai Desai and Shraddha Anand Desai, promoters of Anupam Rasayan India Limited, have submitted a revised disclosure regarding the creation of pledges on their equity shares. These pledges, totaling 31,40,000 shares for Anand Sureshbhai Desai and 50,00,000 shares for Shraddha Anand Desai, were created on September 22 and 23, 2026, respectively. The disclosure clarifies the lenders involved, addressing a query from BSE Limited.
Revised Disclosure on Share Pledges
Anand Sureshbhai Desai and Shraddha Anand Desai, identified as promoters of Anupam Rasayan India Limited, have filed a revised disclosure concerning the encumbrance of their shares. This update is in response to a query from BSE Limited and pertains to the creation of pledges on significant portions of their holdings.
Details of Encumbered Shares
The disclosure indicates that on September 22, 2026, 31,40,000 equity shares held by Anand Sureshbhai Desai were encumbered. Subsequently, on September 23, 2026, an additional 39,01,160 equity shares held by Anand Sureshbhai Desai were also pledged. On the same day, September 23, 2026, Shraddha Anand Desai, a member of the promoter group, pledged 50,00,000 equity shares of the company.
Lender Identification
This revised disclosure specifically addresses a previous query from BSE Limited regarding the identification of lenders. The company has now provided the names of the lenders (debenture holders) in Annexure A of the disclosure, which forms an integral part of the submission. This clarification ensures transparency regarding the entities in whose favor the shares are encumbered.
Pledge Rationale
The pledges were created for security related to the due payment and discharge of debts arising from the allotment of non-convertible debentures. For Anand Sureshbhai Desai, the pledges are linked to debentures aggregating to INR 145 Crores, issued by Anupam Rasayan India Limited. Other pledges are associated with the issuance and allotment of non-convertible debentures by entities like Mates Visa Consultancy Private Limited and Rehash Industrial And Resins Chemicals Private Limited.
Post-Encumbrance Holdings
Following these encumbrances, Anand Sureshbhai Desai’s post-event holding of encumbered shares is detailed. For instance, after the creation of pledges totaling 69,75,780 shares on September 23, 2026, his total share capital holding remains at 1,10,76,940 shares, with 6.13% encumbered. Shraddha Anand Desai’s post-encumbrance holding of 50,00,000 shares constitutes 4.39% of her total share capital.
Source: BSE
