Chemikas Speciality LLP has announced the release of a pledge on 5,200 shares of Archean Chemical Industries Limited. This release, dated July 22, 2026, occurred after the repayment of the loan for which the shares were pledged. The transaction involved 0.014% of Chemikas Speciality LLP’s capital and was executed in favour of JM Financial Products Limited.
Promoter Share Pledge Released
Chemikas Speciality LLP has disclosed the release of a pledge on a portion of its shareholding in Archean Chemical Industries Limited. The announcement, dated July 23, 2026, details the removal of encumbrance on 5,200 shares.
Transaction Details
The release of the pledge, which took place on July 22, 2026, was a result of the complete repayment of the loan that had secured the pledged shares. This specific transaction accounts for 0.014% of Chemikas Speciality LLP’s total capital. The shares were released by JM Financial Products Limited, indicating the successful resolution of the financial obligation.
The details of the encumbrance and its subsequent release have been submitted to both the BSE Limited and the National Stock Exchange of India Limited, in compliance with SEBI regulations.
Source: BSE
