Chembond Material Technologies promoter group acquired 15,020 equity shares of the company through open market purchases on September 3, 2026. The acquisition was made by two entities within the promoter group: Raunaq Sameer Shah and S and N Ventures Private Limited.

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filings were signed by Sameer V. Shah, Promoter and Chairman & Managing Director, and Raunaq Sameer Shah, representing the promoter group.

Acquisition Details

Raunaq Sameer Shah purchased 2,710 shares at an average price of ₹170.46 per share. This transaction increased his holding from 16,210 shares (0.12% stake) to 18,920 shares, representing a 0.14% stake in the company.

S and N Ventures Private Limited acquired 12,310 shares at an average price of ₹170.45 per share. Its holding rose from 2,62,200 shares (1.95% stake) to 2,74,510 shares, or a 2.04% stake.

The total equity share capital of Chembond Material Technologies remains unchanged at ₹6,72,41,440, comprising 1,34,48,288 equity shares of ₹5 each. No encumbrances, pledges, or convertible securities were involved in these transactions.

Chembond Material Technologies Limited passed all four resolutions with a requisite majority during its 51st Annual General Meeting held on July 17, 2026. The meeting, conducted via video conferencing, saw the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026, and the declaration of a final dividend on equity shares for the same period. Shareholders also re-appointed Jaywant K. Tawade as a director and approved remuneration for the Cost Auditor.

The remote e-voting facility, managed by National Securities Depository Limited (NSDL), was operational from July 14, 2026, to July 16, 2026. A total of 9,265,831 votes were polled, representing 68.8997% of the outstanding shares. Mr. Virendra Bhatt, Practicing Company Secretary, served as the Scrutinizer for the voting process and submitted the consolidated report.

The resolutions passed at the meeting covered both ordinary and special business items.

The voting results indicated strong support for the management's proposals. The resolution to adopt financial statements received 100% of the votes polled, while the dividend declaration also secured unanimous approval. The re-appointment of Jaywant K. Tawade passed with 99.9999% of the votes in favour, and the resolution to approve Cost Auditor remuneration was passed with 100% approval.