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
-1.37%-2.11%+2.64%-28.90%-26.47%+16.10%
Fairchem Organics
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Fairchem Organics Opens ₹3,400 Crore Buyback Window with Letter of Offer Dispatch

3 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 successfully opened its ₹3,400 crore buyback window on January 8, 2026, after completing the dispatch of Letter of Offer and Corrigendum to all eligible shareholders. The buyback involves purchasing up to 4,25,000 equity shares at ₹800 per share through BSE's stock exchange mechanism, with the window remaining open until January 14, 2026.

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

Fairchem Organics Limited , a chemical manufacturing company, has opened its ₹3,400 crore buyback window on January 8, 2026, following the completion of Letter of Offer and Corrigendum dispatch to eligible shareholders. The company submitted comprehensive documentation to stock exchanges on January 8, providing updates on the buyback implementation and regulatory compliance.

Buyback Window Opening and Documentation

On January 8, 2026, Fairchem Organics published newspaper advertisements regarding the dispatch of Letter of Offer dated January 6, 2026, for the buyback in multiple newspapers as per SEBI Buy-Back Regulations. The company also submitted the Corrigendum to the Letter of Offer along with the public announcement.

Buyback Window Details: Information
Window Opening Date: January 8, 2026
Window Closing Date: January 14, 2026
Letter of Offer Date: January 6, 2026
Corrigendum Dispatch: January 7, 2026
Publication Date: January 8, 2026
Company Secretary: Jatin Jain (ACS-24293)

Letter of Offer Dispatch Completion

The dispatch of the Letter of Offer and Corrigendum to eligible shareholders holding equity shares on the Record Date (January 5, 2026) has been completed through multiple channels. Electronic dispatch was completed on January 6, 2026, and January 7, 2026, respectively, for shareholders with registered email addresses.

Dispatch Details: Timeline
Electronic Dispatch (Letter of Offer): January 6, 2026
Electronic Dispatch (Corrigendum): January 7, 2026
Speed Post/Courier Dispatch: January 7, 2026
Target Recipients: All eligible shareholders
Record Date: January 5, 2026

Buyback Program Specifications

The buyback program involves purchasing up to 4,25,000 equity shares at ₹800.00 per share through the tender offer route via stock exchange mechanism. BSE Limited serves as the designated stock exchange for this buyback process.

Buyback Program Details: Value
Number of shares: 4,25,000
Face value per share: ₹10.00
Buyback price per share: ₹800.00
Total buyback amount: ₹3,400.00 crore
% of existing paid-up capital: 3.26%
Designated Stock Exchange: BSE Limited
Implementation Method: Stock exchange mechanism

Newspaper Publication Details

The company published dispatch advertisements in multiple newspapers across different language editions to ensure comprehensive coverage and regulatory compliance under SEBI Buy-Back Regulations.

Publication Details: Coverage
The Financial Express: English - All editions
Jansatta: Hindi - All editions
The Financial Express: Gujarati - Ahmedabad edition
Regulatory Compliance: SEBI Buy-Back Regulations, 2018

Corrigendum Key Updates

The Corrigendum to the Letter of Offer includes important clarifications regarding buyback entitlements and procedural details. Key updates include revised buyback ratios and small shareholder provisions.

Corrigendum Updates: Details
Buyback Ratio (Both Categories): 9 shares for every 107 shares held
Small Shareholder Reservation: 90,228 equity shares
General Category Allocation: 3,34,772 equity shares
Actual Entitlement Factor (Small): 8.41095359191009%
Actual Entitlement Factor (General): 8.41064885242071%

Manager and Registrar Information

Motilal Oswal Investment Advisors Limited serves as the Manager to the Buyback, while MUF Group Intime India Private Limited acts as the Registrar to the Buyback, providing comprehensive support for the buyback process.

Service Providers: Contact Details
Manager: Motilal Oswal Investment Advisors Limited
Manager Contact: fairchem.buyback@motilaloswal.com
Registrar: MUF Group Intime India Private Limited
Registrar Contact: fairchemorg.buyback@in.mpsmufg.com
Manager SEBI Registration: INM000011005
Registrar SEBI Registration: INR00004058

With the buyback window now open and all documentation properly dispatched, eligible shareholders can participate in the buyback process through their respective stockbrokers during normal trading hours. The comprehensive documentation ensures full regulatory compliance and provides shareholders with all necessary information for making informed participation decisions in this ₹3,400 crore buyback program.

Historical Stock Returns for Fairchem Organics

1 Day5 Days1 Month6 Months1 Year5 Years
-1.37%-2.11%+2.64%-28.90%-26.47%+16.10%
Fairchem Organics
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