Chambal Fertilisers: Ownership Changes and Non-Disposal Undertaking
Shekhar Family Trust increased its stake in Chambal Fertilisers & Chemicals from 3.39% to 3.40% by acquiring 2,25,000 shares. Manbhawani Investment slightly reduced its stake, selling 2,994 shares while maintaining a 1.08% holding. Zuari Global created a non-disposal undertaking on 1,25,00,000 shares (3.00% of share capital) as security for Rs. 170.00 crore debentures issued to Asia-Pacific Private Credit Opportunities 1 Singapore Pte Limited. Zuari Global also repaid a loan to Axis Finance, resulting in the release of pledge on approximately 73,00,000 shares.

*this image is generated using AI for illustrative purposes only.
Chambal Fertilisers & Chemicals has recently experienced changes in its shareholding structure and security arrangements. Let's break down the key developments:
Shekhar Family Trust Increases Stake
Shekhar Family Trust has increased its stake in Chambal Fertilisers & Chemicals Limited:
| Detail | Before | After | 
|---|---|---|
| Shares Held | 1,35,91,904 | 1,38,16,904 | 
| Percentage Holding | 3.39% | 3.40% | 
| Shares Acquired | - | 2,25,000 | 
The trust acquired 2,25,000 shares through open market purchase, increasing its shareholding from 3.39% to 3.40% of the company's total equity share capital.
Manbhawani Investment Reduces Stake
Manbhawani Investment Limited has slightly reduced its stake in Chambal Fertilisers & Chemicals:
| Detail | Before | After | 
|---|---|---|
| Shares Held | 44,90,000 | 44,87,006 | 
| Percentage Holding | 1.08% | 1.08% | 
| Shares Sold | - | 2,994 | 
Despite the sale of 2,994 shares, the percentage holding remains unchanged at 1.08%, likely due to rounding.
Zuari Global's Non-Disposal Undertaking
Zuari Global Limited has created a non-disposal undertaking on a significant portion of its Chambal Fertilisers & Chemicals shares:
| Detail | Value | 
|---|---|
| Shares Under Undertaking | 1,25,00,000 | 
| Percentage of Share Capital | 3.00% | 
| Security for Debentures | Rs. 170.00 crores | 
| Debentures Issued to | Asia-Pacific Private Credit Opportunities 1 Singapore Pte Limited | 
The undertaking covers:
- 85,47,332 previously unencumbered shares
- 39,52,668 shares previously pledged with Axis Finance Ltd
Pledge Release
Zuari Global has made progress in reducing its financial obligations:
- Repaid loan to Axis Finance
- Obtained a no-dues certificate
- Resulted in the release of pledge on approximately 73,00,000 shares
These developments demonstrate ongoing changes in the ownership structure and financial arrangements of Chambal Fertilisers & Chemicals. The non-disposal undertaking by Zuari Global, in particular, represents a significant financial transaction, potentially impacting the company's capital structure and shareholder dynamics.
It's worth noting that the company has a total equity share capital of 400,652,297 shares.
Historical Stock Returns for Chambal Fertilisers & Chemicals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years | 
|---|---|---|---|---|---|
| -0.77% | -1.47% | -5.85% | -30.58% | -0.57% | +206.76% | 




































