Chemikas Speciality LLP has filed a disclosure regarding the creation and release of share encumbrances. The report details the pledging of shares as collateral for loans and subsequent release upon repayment. Key financial institutions like Aditya Birla Capital Limited, CTL Trusteeship Limited, and Bajaj Finance Limited are involved in these transactions. The disclosure, dated June 12, 2026, complies with SEBI regulations.
Encumbrance Disclosure Filing
Chemikas Speciality LLP has submitted a formal disclosure concerning the encumbrance of shares, in accordance with regulatory requirements. This report, dated June 12, 2026, outlines the creation and subsequent release of pledged shares held by the promoter. The primary purpose for these encumbrances was to serve as collateral for loans obtained by the company.
Key Transactions Detailed
The disclosure highlights several transactions involving share pledges. On May 5, 2026, a creation of pledge for 10,00,000 shares, representing 0.81% of the company’s capital and 2.65% in favor of Aditya Birla Capital Limited, was recorded. This was followed by another creation of pledge on June 10, 2026, for 79,00,000 shares (6.40% of capital, 20.96% in favor of CTL Trusteeship Limited).
Release of Pledged Shares
Subsequent to loan repayments, significant releases of pledged shares have also been executed. On June 11, 2026, 49,30,000 shares (3.99% of capital, 13.08% in favor of Bajaj Finance Limited) were released. Additionally, on June 12, 2026, a release of 9,99,990 shares (0.80% of capital, 2.63% in favor of Aditya Birla Capital Limited) was processed. These actions reflect the dynamic management of promoter shareholding against financial obligations.
Promoter Holding Summary
The detailed annexure provides a breakdown of promoter holdings and their encumbrance status. As of the reporting date, the promoter, Chemikas Speciality LLP, holds 3,76,93,219 shares, representing 30.53% of the total share capital. Post-transactions, the total number of encumbered shares is presented, indicating shifts in the percentage of shares held in favor of various financial entities.
Source: BSE
