Archean Chemical Industries: Promoter Chemikas Speciality LLP Pledges 9,50,000 Equity Shares

1 min read     Updated on 28 Jan 2026, 12:15 PM
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Overview

Chemikas Speciality LLP pledged 9,50,000 equity shares of Archean Chemical Industries Limited as collateral for loans with Bajaj Financial Securities Ltd on January 22, 2026. This increases the promoter's total pledged shareholding to 70,50,000 shares, representing 5.71% of the company's share capital. The disclosure was made under SEBI regulations, with Chemikas Speciality LLP maintaining its overall stake of 3,76,93,219 shares (30.53%) in the company.

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Archean Chemical Industries has received disclosure from its promoter Chemikas Speciality LLP regarding the pledge of 9,50,000 equity shares under SEBI regulations. The pledge was created on January 22, 2026, with the formal disclosure made to BSE Limited and National Stock Exchange of India Limited on January 27, 2026.

Pledge Details and Transaction Structure

The pledged shares serve as collateral for loans, with Bajaj Financial Securities Ltd. being the beneficiary entity. This latest pledge represents 0.77% of the company's total share capital and increases the promoter's overall encumbered shareholding.

Parameter: Details
Shares Pledged: 9,50,000 equity shares
Pledge Date: January 22, 2026
Beneficiary: Bajaj Financial Securities Ltd.
Purpose: Collateral for loans
Share Capital Impact: 0.77% of total shares

Promoter Shareholding Analysis

Chemikas Speciality LLP maintains a significant stake in Archean Chemical Industries, with the pledge forming part of its broader shareholding structure. The promoter's total holding and encumbrance details reflect its financial arrangements and commitment to the company.

Promoter Details: Current Position
Total Shareholding: 3,76,93,219 shares (30.53%)
Previously Pledged: 61,00,000 shares (4.94%)
New Pledge: 9,50,000 shares (0.77%)
Total Pledged Shares: 70,50,000 shares (5.71%)

Regulatory Compliance and Disclosure

The disclosure was made pursuant to Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates promoters to inform stock exchanges about encumbrance of shares. The formal communication was signed by P. Ranjit, Partner of Chemikas Speciality LLP, from Chennai.

The company's shares are listed on both BSE Limited (Scrip Code: 543657) and National Stock Exchange of India Limited (Symbol: ACI). Other promoter entities, including P Ranjit who holds 2,82,65,965 shares (22.90% of total share capital), have not created any encumbrances on their holdings as per the current disclosure.

Impact on Shareholding Structure

With this pledge, Chemikas Speciality LLP's encumbered shareholding has increased from 4.94% to 5.71% of the total share capital. The promoter group continues to maintain substantial ownership in Archean Chemical Industries, with the pledge arrangement facilitating access to financing while retaining ownership rights in the underlying shares.

Historical Stock Returns for Archean Chemical Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.84%+5.37%+6.65%-16.79%+5.34%+23.07%
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Archean Chemical Industries Extends ₹150 Cr Loan to Subsidiary for Semiconductor Project

2 min read     Updated on 20 Dec 2025, 12:25 PM
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Overview

Archean Chemical Industries has provided a ₹150 crore unsecured loan to its wholly owned subsidiary, Neun Infra Private Limited, to support a semiconductor manufacturing project. The loan, with a 7.50% annual interest rate and 5-year repayment period starting FY 2029-30, is part of a larger ₹300 crore commitment. The funds will be used by SiC Sem Private Limited for procuring machinery and equipment for a compound semiconductor and ATMP facility approved under the India Semiconductor Mission. The project includes collaboration with IIT Bhubaneswar for silicon carbide research and development.

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Archean Chemical Industries Limited has announced a significant loan agreement with its wholly owned subsidiary to support an ambitious semiconductor manufacturing project. The company disclosed this development through a regulatory filing, highlighting its strategic investment in India's growing semiconductor sector.

Loan Agreement Details

The loan agreement involves Neun Infra Private Limited, a wholly owned subsidiary of Archean Chemical Industries. The funding arrangement demonstrates the company's commitment to advancing semiconductor manufacturing capabilities in India through structured financial support.

Parameter Details
Loan Amount ₹150.00 crores
Borrower Neun Infra Private Limited
Interest Rate 7.50% per annum
Repayment Period 5 years
Repayment Start FY 2029-30 onwards
Nature of Loan Unsecured

Strategic Purpose and Semiconductor Mission

The loan is specifically intended to address immediate funding requirements of SiC Sem Private Limited for commencement of procurement of long-lead machinery, equipment, and associated items. This funding is essential to maintain project timelines while pending execution of the Fiscal Support Agreement with the Government of India under the India Semiconductor Mission framework.

Neun Infra Private Limited serves as the holding company for SiC Sem Private Limited, which has received approval under the India Semiconductor Mission for setting up a compound semiconductor and ATMP manufacturing facility in India. The proposed funding aligns with advancing early-stage capital commitments of the approved project.

Comprehensive Loan Portfolio

The current agreement forms part of a larger financial commitment by Archean Chemical Industries to its semiconductor ventures. The company has established a substantial loan framework to support its subsidiary's operations and growth initiatives.

Loan Details Amount
Current Loan Agreement ₹150.00 crores
Total Loan Granted ₹300.00 crores
Total Amount Outstanding ₹157.00 crores

Research and Development Focus

The funding will support silicon carbide research and development activities, including collaboration with IIT Bhubaneswar. This partnership underscores the project's commitment to advancing semiconductor technology through academic collaboration and research excellence. The funding will enable procurement of specialized machinery and equipment necessary for compound semiconductor manufacturing.

Regulatory Compliance and Corporate Structure

The loan agreement was executed with full regulatory compliance under SEBI listing regulations. As a wholly owned subsidiary arrangement, the transaction represents an arms-length related party transaction, ensuring transparency and proper corporate governance. Archean Chemical Industries maintains 100% equity holding in Neun Infra Private Limited, providing complete operational control over the semiconductor project development.

Historical Stock Returns for Archean Chemical Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.84%+5.37%+6.65%-16.79%+5.34%+23.07%
Archean Chemical Industries
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1 Year Returns:+5.34%