Archean Chemical Industries promoter Chemikas Speciality LLP created a pledge on 30,000 equity shares on September 1, 2026. The encumbrance was registered in favour of Piramal Trusteeship Services Private Limited to serve as collateral for loans.

The disclosure was made pursuant to Regulation 31 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The pledged shares represent 0.024% of the company’s total share capital.

Pledge Details

Post-Event Holding

Following the creation of the pledge, Chemikas Speciality LLP’s total encumbered holding stands at 1,39,80,010 shares. This accounts for 11.32% of Archean Chemical Industries’ total share capital.

The promoter group’s total holding in the target company remains at 3,76,93,219 shares, constituting 30.53% of the total share capital. Co-promoter P Ranjit holds 2,82,65,965 shares (22.90%), which remain unencumbered.

SBI Mutual Fund reduced its stake in Archean Chemical Industries to 4.34% following a market sale of 1,47,599 shares on September 3, 2026.

The mutual fund reported the change in shareholding under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was filed on September 4, 2026.

Transaction Details

Prior to the sale, SBI Mutual Fund held 55,11,173 shares, representing 4.4640% of the company’s paid-up equity capital. The disposal of 1,47,599 shares, equivalent to 0.1196% of the total share capital, brought the final holding down to 53,63,574 shares.

The transaction was executed through an open market sale. There were no changes in voting rights other than those carried by the shares, nor any encumbrances or convertible securities involved in the transaction.

Shareholding Structure

Archean Chemical Industries has a total paid-up equity capital of ₹24,69,16,788, consisting of 12,34,58,394 equity shares with a face value of ₹2 each. This capital structure remained unchanged following the transaction.