Chemcon Speciality Chemicals Reports Promoter Group Share Transfer

1 min read     Updated on 24 Nov 2025, 04:44 PM
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Overview

Naresh Vijaykumar Goyal, a promoter of Chemcon Speciality Chemicals, has acquired a 17.01% stake through a gift transfer from fellow promoters Navdeep Naresh Goyal and Shubharangana Naresh Goyal. The transaction involved 62,33,500 equity shares, increasing Naresh Vijaykumar Goyal's shareholding from 8.29% to 25.30%, while reducing the transferors' combined stake from 23.50% to 6.48%. This inter-se transfer within the promoter group does not change the overall promoter holding in the company.

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Promoter Shareholding Shift in Chemcon Speciality Chemicals

Chemcon Speciality Chemicals Limited, a specialty chemicals manufacturer, has witnessed a significant change in its promoter shareholding structure. Naresh Vijaykumar Goyal, a member of the company's promoter group, has acquired a substantial stake through a gift transfer from fellow promoters.

Key Details of the Transaction

Aspect Details
Acquirer Naresh Vijaykumar Goyal
Transferors Navdeep Naresh Goyal and Shubharangana Naresh Goyal
Shares Acquired 62,33,500 equity shares
Mode of Acquisition Gift

Impact on Shareholding

Shareholder Before Transaction After Transaction
Naresh Vijaykumar Goyal 8.29% 25.30%
Navdeep Naresh Goyal and Shubharangana Naresh Goyal 23.50% 6.48%

Transaction Insights

  1. Inter-se Transfer: This transaction is classified as an inter-se transfer among immediate relatives within the promoter group.

  2. Shareholding Changes: Naresh Vijaykumar Goyal's stake has increased from 8.29% to 25.30%, while the combined holding of Navdeep Naresh Goyal and Shubharangana Naresh Goyal has decreased from 23.50% to 6.48%.

  3. Transfer Method: The shares were transferred by way of gift, indicating a reorganization within the promoter family rather than a market transaction.

  4. Regulatory Implications: As an inter-se transfer within the promoter group, this transaction is likely exempt from open offer requirements under SEBI regulations.

Investor Considerations

  • The substantial increase in Naresh Vijaykumar Goyal's stake represents a significant consolidation of ownership within the promoter family.
  • While the individual stakes have changed, the overall promoter group holding in Chemcon Speciality Chemicals remains unchanged.
  • Investors should monitor for any potential changes in management strategy or corporate governance practices following this shareholding shift.
  • As this is an internal transfer, it is unlikely to directly impact the stock's float or liquidity in the market.

Investors and market participants are advised to keep an eye on any further announcements from the company regarding this shareholding change and its potential implications for Chemcon Speciality Chemicals' future direction.

Historical Stock Returns for Chemcon Speciality Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
+0.58%+0.52%-5.66%+6.65%-10.95%-50.36%
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Chemcon Speciality Chemicals Reports Q2 Profit of ₹5.60 Crore, Acquires Shivam Petrochem Industries

2 min read     Updated on 14 Nov 2025, 10:37 PM
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Reviewed by
Ashish TScanX News Team
Overview

Chemcon Speciality Chemicals posted a net profit of ₹5.60 crore for Q2 FY2025-26, with total income at ₹57.66 crore. The company acquired Shivam Petrochem Industries for ₹36 crore in October 2025, aiming to expand its specialty chemicals operations. As of September 30, 2025, Chemcon's total assets stood at ₹547.79 crore, with total equity of ₹512.69 crore.

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

Chemcon Speciality Chemicals Limited , a prominent player in the specialty chemicals sector, has released its financial results for the second quarter of fiscal year 2025-26, showcasing a mixed performance amidst strategic expansion moves.

Financial Performance

For the quarter ended September 30, 2025, Chemcon Speciality Chemicals reported a net profit of ₹5.60 crore. The company's performance for the first half of the fiscal year (H1) showed a more robust figure, with a net profit of ₹23.66 crore.

The financial results, as approved by the company's Board of Directors, reveal the following key metrics for Q2 FY2025-26:

Metric Q2 FY2025-26 (₹ in crore)
Revenue from Operations 53.71
Other Income 3.95
Total Income 57.66
Net Profit 5.60

Business Expansion

In a significant move to strengthen its market position, Chemcon Speciality Chemicals completed the acquisition of the entire business undertaking of Shivam Petrochem Industries, a related party, in October 2025. The acquisition, structured as a slump sale, was finalized for a consideration of ₹36 crore.

This strategic acquisition aims to expand Chemcon's operations in the specialty chemicals sector. The deal, which was approved by the company's Board on August 5, 2025, and subsequently by shareholders at the 36th Annual General Meeting on September 11, 2025, is expected to enhance the company's production capabilities and market reach.

Financial Position

As of September 30, 2025, Chemcon Speciality Chemicals maintains a strong financial position:

Metric Amount (₹ in crore)
Total Assets 547.79
Total Equity 512.69
Cash and Cash Equivalents 19.01

The company's balance sheet reflects a solid equity base and a comfortable liquidity position, providing a stable foundation for future growth and investments.

Operational Highlights

  • The company continues to operate in a single reportable segment: manufacturing of Specialty Chemicals.
  • Chemcon Speciality Chemicals remains an independent entity with no subsidiaries, associates, or joint ventures as of the reporting date.

The financial results and strategic moves indicate that Chemcon Speciality Chemicals is positioning itself for growth in the competitive specialty chemicals market. The acquisition of Shivam Petrochem Industries represents a significant step in expanding its operational footprint and potentially diversifying its product portfolio.

Investors and stakeholders will be watching closely to see how this acquisition impacts the company's performance in the coming quarters, particularly in terms of revenue growth and market share in the specialty chemicals sector.

Historical Stock Returns for Chemcon Speciality Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
+0.58%+0.52%-5.66%+6.65%-10.95%-50.36%
Chemcon Speciality Chemicals
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