Balaji Amines Limited has disclosed the creation of an encumbrance on promoter shares under Regulation 31 of SEBI Takeover Regulations. The disclosure, dated January 2, 2026, pertains to the pledging of shares by promoter Ande Srinivas Reddy to secure credit facilities for business operations.

Share Pledge Details

The encumbrance involves the pledging of shares by promoter Ande Srinivas Reddy to HDFC Bank Limited. The transaction details are structured as follows:

Promoter Shareholding Position

Ande Srinivas Reddy's overall shareholding in the company demonstrates his significant stake in Balaji Amines Limited:

Purpose and Regulatory Compliance

The pledge has been created as security for availing credit facilities from HDFC Bank Limited. These credit facilities will be utilized for the company's principal business activities, indicating the funds will support core operational requirements.

The disclosure was made in compliance with Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company has informed both BSE Limited and National Stock Exchange of India Limited about this encumbrance creation.

Corporate Communication

The formal disclosure was signed by Ande Srinivas Reddy as the authorized signatory from Hyderabad on January 2, 2026. The communication was addressed to the General Manager of Corporate Services at BSE Limited and the Manager of Listing Department at National Stock Exchange of India Limited, ensuring compliance with stock exchange notification requirements.

Balaji Amines Limited has announced that its promoters Dundurapu Ram Reddy and Dundurapu Vandana Reddy have pledged a portion of their shareholding to HDFC Bank Limited as security for credit facilities. The disclosure was made on January 2, 2026, in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Share Pledge Details

The following table summarizes the key details of the share pledge transaction:

Promoter-wise Shareholding Details

The breakdown of individual promoter shareholding and pledge details is presented below:

Purpose and Utilization

The credit facilities secured through this pledge arrangement will be utilized for the principal business activities of Balaji Speciality Chemicals Limited, which is a subsidiary company of Balaji Amines Limited. This strategic move appears to support the expansion and operational requirements of the subsidiary's chemical business operations.

Regulatory Compliance

The disclosure was made in accordance with Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates promoters to inform stock exchanges about any encumbrance created on their shareholding. The company has duly informed both BSE Limited and National Stock Exchange of India Limited about this development through an official communication dated January 2, 2026.

The pledge represents a standard corporate financing arrangement where promoter shares serve as collateral for banking facilities, enabling the company group to access necessary credit for business operations and growth initiatives.