Camlin Fine Sciences received a regulatory declaration from its promoter Infinity Direct Holdings regarding share encumbrance status for the financial year ended March 31, 2026. The declaration, dated April 2, 2026, was filed in compliance with SEBI's substantial acquisition and takeover regulations.

Regulatory Declaration Details

Infinity Direct Holdings submitted the declaration pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that the promoter has not created any encumbrance on company shares during the specified period.

Declaration Statement

The promoter declared that no encumbrance was made on shares held directly or indirectly, other than those already disclosed during the financial year ended March 31, 2026. This statement provides transparency regarding the promoter's shareholding status and any potential restrictions on share transfers.

Corporate Address and Authorization

Infinity Direct Holdings operates from the 6th Floor, Two Tribeca, Tribeca Central, Trianon 72261, Mauritius. The declaration was authorized by Ahmad Tariq Hossanee, Director of Infinity Direct Holdings, serving as the authorized signatory for this regulatory filing.

Regulatory Compliance

The declaration was submitted to ensure comprehensive disclosure and regulatory compliance. The filing serves as an official record for stakeholders and provides transparency about the promoter's share encumbrance status for the concluded financial year. The document was copied to the Company Secretary of Camlin Fine Sciences Limited at their Mumbai office located at 2nd floor, In G.S. Point, CST Road, Kalina, Santacruz (East), Mumbai 400 098.

Camlin Fine Sciences promoter Ashish Subhash Dandekar has pledged additional equity shares to two financial institutions as margin for financial assistance, according to regulatory disclosures filed on April 13, 2026. The pledges were created on April 7 and April 8, 2026, in favor of Aditya Birla Capital Limited and SKS Fincap Private Limited respectively.

Share Pledge Details

The latest encumbrances involve a total of 37.50 lakh equity shares across two separate transactions, representing 1.95% of the company's total share capital. These pledges were created to address security cover requirements for financial assistance obtained by the target company.

Updated Promoter Shareholding Position

Following these transactions, Dandekar's total encumbered shareholding has increased substantially. The promoter maintains a 10.30% stake in the company while using a significant portion as collateral for financial arrangements.

Financial Institution Details

Both beneficiary entities are established financial institutions. Aditya Birla Capital Limited operates as a non-banking financial company (NBFC), while SKS Fincap Private Limited also functions as an NBFC. The second transaction with SKS Fincap involves a borrowing amount of ₹10.00 crore against pledged shares valued at ₹27.35 crore, providing a security cover ratio of 2.73.

Regulatory Compliance Framework

The disclosures were made in compliance with Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The official regulatory filing confirms that while the encumbered shares represent more than 50% of the promoter's shareholding, they constitute less than 20% of the company's total share capital.

Purpose and Utilization

The encumbrances serve specific purposes related to the company's financial requirements. The first pledge with Aditya Birla Capital was created as additional margin for covering shortfall in security cover with respect to financial assistance obtained for acquiring shares of the target company. The second pledge with SKS Fincap was specifically created to facilitate borrowing by the target company, demonstrating the promoter's commitment to supporting the company's capital requirements and operational needs.