PAC reduces stake in Himadri Speciality Chemical to 6.25%

Shyam Group of Industries, acting as Persons Acting in Concert (PAC), has reduced its shareholding in Himadri Speciality Chemical Limited to 6.25%. The group divested a total of 99,00,000 shares through open market operations and inter-se transfers between March 19, 2025, and July 1, 2026. This transaction lowers the PAC's stake from 8.21% to 6.25% of the total paid-up capital.

The disclosure was submitted to BSE Limited and National Stock Exchange of India Ltd in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirer and PACs clarified that they do not belong to the promoter or promoter group of the target company.

Shareholding Details

The total equity share capital of Himadri Speciality Chemical Limited stands at 50,45,41,599 shares of Re 1 each. The diluted share capital is reported as 50,46,34,543 equity shares. The shareholding percentages were calculated based on the share capital provided in the latest shareholding pattern as on March 31, 2026.

The following table details the changes in holdings by the various PAC members:

Holder Name	Existing Shares	Existing %	Change in Shares	Change %	Balance Shares	Balance %
Sumitra Devi Agarwal	3,54,563	0.07	-	-	3,54,563	0.07
Brij Bhushan Agarwal	4,85,677	0.10	-	-	4,85,677	0.10
Sheetij Agarwal	4,49,378	0.09	6,00,000	0.12	10,49,378	0.21
Shubham Agarwal	19,43,000	0.39	(10,00,000)	(0.20)	9,43,000	0.19
Tanishi Agarwal	12,50,000	0.25	-	-	12,50,000	0.25
Brij Bhushan Agarwal & Sons (HUF)	21,77,058	0.43	-	-	21,77,058	0.43
Mahabir Prasad Agarwal & Sons (HUF)	13,15,240	0.26	-	-	13,15,240	0.26
Dorite Tracon Pvt. Ltd.	28,34,022	0.56	(18,00,000)	(0.36)	10,34,022	0.20
Toplight Mercantile Pvt. Ltd.	19,50,000	0.39	-	-	19,50,000	0.39
Narantak Dealcomm Ltd.	1,46,24,155	2.90	(35,00,000)	(0.69)	1,11,24,155	2.20
Subham Buildwell Pvt. Ltd.	64,05,661	1.27	(19,65,000)	(0.39)	44,40,661	0.88
Suhag Overseas Trading Pvt. Ltd.	31,92,717	0.63	(2,00,000)	(0.04)	29,92,717	0.59
Subham Capital Pvt. Ltd.	26,05,417	0.52	(12,35,000)	(0.24)	13,70,417	0.27
Dasbhuja Wholesellers Pvt Ltd.	18,24,457	0.36	(8,00,000)	(0.16)	10,24,457	0.20
Total	4,14,11,345	8.21	(99,00,000)	(1.96)	3,15,11,345	6.25

Key Transactions

Sheetij Agarwal acquired 6,00,000 shares, increasing his individual stake to 0.21%. Conversely, several entities reduced their holdings, including Narantak Dealcomm Ltd, which sold 35,00,000 shares, and Subham Buildwell Pvt. Ltd, which sold 19,65,000 shares. Dasbhuja Wholesellers Pvt Ltd, which has been merged with Subham Capital Private Limited, sold 8,00,000 shares.

The filing was signed by Mahabir Prasad Agarwal on behalf of the acquirer and PACs on July 2, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.72%	+0.38%	+12.11%	+37.78%	+37.80%	+1,130.83%

Himadri Speciality Chemical witnessed a notable block trade on the National Stock Exchange (NSE), with approximately 388,893 shares transacted at a price of ₹680.20 per share, aggregating to a total deal value of ₹26.45 crores.

Block Trade Details

The following table summarises the key parameters of the NSE block trade:

Parameter:	Details
Exchange:	NSE
Number of Shares:	~388,893
Trade Price:	₹680.20 per share
Total Trade Value:	₹26.45 crores

Transaction Overview

Block trades are large-volume transactions typically executed between institutional participants outside the regular market order book, and are often indicative of significant portfolio activity. The trade in Himadri Speciality Chemical involved approximately 388,893 shares, executed at ₹680.20 per share, culminating in a total consideration of ₹26.45 crores on the NSE platform.