360ONE Portfolio Managers Reduces Stake in Fairchem Organics to 2.35%

1 min read     Updated on 25 Nov 2025, 05:53 PM
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Overview

360ONE Portfolio Managers Limited has significantly reduced its stake in Fairchem Organics Limited. The firm sold 4,21,570 shares, representing a 3.24% stake, through open market transactions on November 21, 2025. This reduced 360ONE's shareholding from 5.08% (6,62,497 shares) to 2.35% (3,06,113 shares). The transaction triggered regulatory disclosure requirements under SEBI takeover regulations, as the change in shareholding exceeded 2% of the total shareholding in the target company.

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*this image is generated using AI for illustrative purposes only.

Fairchem Organics Limited has seen a significant reduction in stake by 360ONE Portfolio Managers Limited, according to a recent regulatory filing. The portfolio management firm sold 4,21,570 shares, representing a 3.24% stake in the company, through open market transactions on November 21, 2025.

Transaction Details

Aspect Before Sale After Sale Change
Shares Held 6,62,497 3,06,113 -4,21,570
Stake Percentage 5.08% 2.35% -2.73%

This substantial reduction in shareholding triggered regulatory disclosure requirements under the Securities and Exchange Board of India (SEBI) takeover regulations. The regulations mandate disclosure when there is a change in shareholding exceeding 2% of the total shareholding in a target company.

Regulatory Compliance

The disposal was executed in compliance with Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. This regulation requires any entity, along with persons acting in concert, to disclose changes in shareholding or voting rights if:

  1. They hold 5% or more of the shares or voting rights in a target company.
  2. There is a change in such holdings from the last disclosure made.
  3. The change exceeds 2% of total shareholding or voting rights in the target company.

Market Impact

While the specific reasons for 360ONE Portfolio Managers' decision to reduce its stake were not disclosed, such significant changes in institutional holdings often attract market attention. Investors and analysts may closely monitor this development for potential impacts on Fairchem Organics' stock price and trading patterns.

About Fairchem Organics

Fairchem Organics Limited is listed on both the BSE Limited and NSE Limited. As per the latest filing, the company's total equity share capital stands at 1,30,20,902 shares.

This stake reduction by a prominent portfolio management firm may prompt other investors to reassess their positions in Fairchem Organics. However, it's important to note that investment decisions should be based on comprehensive analysis and not solely on the actions of other market participants.

Historical Stock Returns for Fairchem Organics

1 Day5 Days1 Month6 Months1 Year5 Years
+2.40%+6.77%-6.74%-25.84%-16.51%+6.86%
Fairchem Organics
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Fairchem Organics Seeks Shareholder Approval for ₹3,400 Crore Share Buyback Through Postal Ballot

1 min read     Updated on 20 Nov 2025, 03:31 PM
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Reviewed by
Naman SScanX News Team
Overview

Fairchem Organics Limited has initiated a postal ballot for shareholder approval on a share buyback program. The company plans to repurchase up to 4.25 lakh equity shares (3.26% of existing paid-up capital) at ₹800 per share, for a total amount not exceeding ₹3,400 crore. The buyback, representing 16% of the company's total paid-up equity and free reserves, will be conducted through a tender offer route. E-voting for shareholders is scheduled from November 26 to December 26.

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*this image is generated using AI for illustrative purposes only.

Fairchem Organics Limited , a chemical manufacturing company, has initiated a postal ballot process to seek shareholder approval for a share buyback program, demonstrating confidence in its financial position and commitment to enhancing shareholder value.

Buyback Details

Fairchem Organics Limited has proposed a buyback of up to 4.25 lakh equity shares, representing 3.26% of the company's existing paid-up equity share capital. The buyback will be executed through a tender offer route at a price of ₹800.00 per share, for an aggregate amount not exceeding ₹3,400.00 crore.

Buyback Details Value
Number of shares 4,25,000
Price per share ₹800.00
Total buyback amount ₹3,400.00 crore
% of existing paid-up capital 3.26%

Shareholder Approval and Process

The proposed buyback is subject to shareholder approval through a special resolution via postal ballot, including remote e-voting. The e-voting is scheduled from November 26 to December 26.

Key Points

  • The buyback price of ₹800.00 per share may represent a premium over the current market price.
  • The buyback size of ₹3,400.00 crore constitutes 16.00% of the aggregate of the company's total paid-up equity share capital and free reserves, based on the latest audited financial statements.

Pre-Buyback Shareholding Pattern

The shareholding pattern of Fairchem Organics Limited was as follows:

Category Number of Shareholders Number of Shares % of Share Capital
Promoter & Promoter Group 4 79,67,823 61.19%
Public Shareholders 29,517 50,53,079 38.81%
Total 29,521 1,30,20,902 100.00%

Conclusion

The share buyback proposal by Fairchem Organics Limited represents a strategic move to optimize its capital structure. Shareholders should carefully consider the offer and its implications before making a decision to participate in the buyback program. The outcome of the postal ballot will determine whether the company proceeds with this financial initiative.

Historical Stock Returns for Fairchem Organics

1 Day5 Days1 Month6 Months1 Year5 Years
+2.40%+6.77%-6.74%-25.84%-16.51%+6.86%
Fairchem Organics
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