Punjab Chemicals & Crop Protection Ltd has confirmed that its promoters and Persons Acting in Concert (PAC) hold a total of 48,11,390 shares, constituting 39.24% of the company's equity, as on March 31, 2026. The declaration, submitted to the stock exchanges, verifies that the entire promoter holding is free of any encumbrance, with zero shares pledged during the financial year ended March 31, 2026. This disclosure provides shareholders with clarity regarding the leverage status of the primary ownership group.

The filing was made by Shalil Shashikumar Shroff on behalf of the promoters and the PAC group in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation requires promoters to disclose their shareholding status and confirm whether any shares have been encumbered directly or indirectly during the financial year. The communication addressed the Chairperson of the Audit Committee and the managers of BSE Limited and National Stock Exchange of India Limited.

Shareholding Breakdown

The detailed shareholding pattern reveals that Hemsil Trading and Manufacturing Pvt. Ltd. is the largest holder within the promoter group, possessing 40,17,318 shares. Individual family members, including Shalil Shashikumar Shroff and Rupam Shalil Shroff, hold significant portions, while entities such as Salil ShashiKumar Shroff HUF hold smaller stakes. The data confirms that no shares held by any promoter or PAC member were subject to pledging or other encumbrances.

Promoter and PAC Holdings

Gowal Consulting Services Private Limited has reduced its shareholding in Punjab Chemicals and Crop Protection Limited by selling 4,20,000 equity shares through open market transactions. The sales occurred on June 5, June 8, June 19, and June 22, 2026, resulting in a decrease of the acquirer's stake from 24.47% to 21.04% of the total paid-up share capital of the target company.

The disclosure was submitted to BSE Limited and the National Stock Exchange of India Limited in accordance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirmed that Gowal Consulting Services Private Limited is not part of the promoter or promoter group of Punjab Chemicals and Crop Protection Limited.

Shareholding Details

The transaction involved the disposal of shares carrying voting rights. Prior to the sale, the acquirer held 30,00,000 shares, representing 24.47% of the total voting capital. The total equity share capital of the target company remains Rs. 12,26,21,850, divided into 1,22,62,185 equity shares of Rs. 10 each.

Breakdown of Holdings

The disclosure, signed by Director Jagmeet Singh Sabharwal, confirmed that there are no shares encumbered, nor are there any warrants or convertible securities held by the acquirer. The total diluted share capital of the target company was noted as not applicable in the filing.