Chemcon Speciality Chemicals: Promoter Group Member to Acquire 17% Stake via Gift Transfer

Promoter Shareholding Shift in Chemcon Speciality Chemicals

Chemcon Speciality Chemicals Limited, a specialty chemicals manufacturer, is set to witness a significant change in its promoter shareholding structure. Naresh Vijaykumar Goyal, a member of the company's promoter group, is poised to acquire 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 to be Acquired	62,33,500 equity shares
Percentage of Total Paid-up Capital	17.02%
Mode of Acquisition	Gift
Proposed Date of Acquisition	On or after December 1, 2025

Impact on Shareholding

Shareholder	Before Transaction	After Transaction
Naresh Vijaykumar Goyal	8.29%	25.30%
Overall Promoter Group Holding	Unchanged	Unchanged

Transaction Insights

Inter-se Transfer: This transaction is classified as an inter-se transfer among immediate relatives within the promoter group.
Regulatory Compliance: The transfer is exempt from open offer requirements under SEBI regulations, likely due to its nature as a gift between family members.
Promoter Group Dynamics: While Naresh Vijaykumar Goyal's individual stake will increase significantly, the overall promoter group holding in Chemcon Speciality Chemicals remains unchanged.
Long-term Implications: This restructuring of promoter holdings could potentially impact the company's decision-making processes, although the immediate business operations are unlikely to be affected.

Investor Considerations

The substantial increase in Naresh Vijaykumar Goyal's stake may lead to a consolidation of control within the promoter family.
Investors should monitor for any subsequent changes in management strategy or corporate governance practices following this shareholding shift.
As the overall promoter holding remains stable, this transaction may not 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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.79%	-6.56%	-13.26%	+9.49%	-5.58%	-49.20%

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.