Fairchem Organics Limited has successfully completed the extinguishment of 4,25,000 fully paid-up equity shares with a face value of ₹10.00 each under its buyback program via tender offer route. The company has reduced its total equity share capital from 1,30,20,902 shares to 1,25,95,902 shares following the completion of the buyback program.

Buyback Program Timeline and Process

The buyback program followed a structured timeline as per SEBI regulations. The public announcement was dated December 29, 2025, and published on December 30, 2025. The letter of offer was dated January 6, 2026, along with a corrigendum dated January 7, 2026.

Share Capital Impact

The extinguishment has resulted in a significant change to the company's share capital structure. The reduction in the number of outstanding shares has proportionally increased the ownership percentage of existing shareholders.

Shareholding Pattern Changes

The buyback has resulted in changes to the shareholding pattern, with promoter and promoter group shareholding increasing due to the reduction in total share count.

Regulatory Compliance and Documentation

The extinguishment process was completed in full compliance with SEBI Buyback Regulations. All 4,25,000 shares were held in dematerialized form and were extinguished through Central Depository Services (India) Limited. The company's depository participant was Motilal Oswal Financial Services Limited with DP ID 12010900.

The extinguishment certificate was issued on January 30, 2026, and was duly signed by the Managing Director Nahoosh Jariwala and Nominee Director Sumit Maheshwari. The process was also verified by the company's secretarial auditors Parikh Dave and Associates and the registrar to the buyback, MUFG Intime India Private Limited.

Corporate Structure

Fairchem Organics Limited, a Fairfax company, operates from its registered office and works located at Village Chekhala, Sanand-Kadi Highway, Taluka Sanand, District Ahmedabad, Gujarat. The company is incorporated under CIN L24200GJ2019PLC129759 and is listed on both NSE and BSE.

Fairchem Organics Limited has seen a significant reduction in stake by 360ONE Portfolio Managers Limited, according to a recent regulatory filing. The portfolio management firm sold 4,21,570 shares, representing a 3.24% stake in the company, through open market transactions on November 21, 2025.

Transaction Details

This substantial reduction in shareholding triggered regulatory disclosure requirements under the Securities and Exchange Board of India (SEBI) takeover regulations. The regulations mandate disclosure when there is a change in shareholding exceeding 2% of the total shareholding in a target company.

Regulatory Compliance

The disposal was executed in compliance with Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. This regulation requires any entity, along with persons acting in concert, to disclose changes in shareholding or voting rights if:

1. They hold 5% or more of the shares or voting rights in a target company.
2. There is a change in such holdings from the last disclosure made.
3. The change exceeds 2% of total shareholding or voting rights in the target company.

Market Impact

While the specific reasons for 360ONE Portfolio Managers' decision to reduce its stake were not disclosed, such significant changes in institutional holdings often attract market attention. Investors and analysts may closely monitor this development for potential impacts on Fairchem Organics' stock price and trading patterns.

About Fairchem Organics

Fairchem Organics Limited is listed on both the BSE Limited and NSE Limited. As per the latest filing, the company's total equity share capital stands at 1,30,20,902 shares.

This stake reduction by a prominent portfolio management firm may prompt other investors to reassess their positions in Fairchem Organics. However, it's important to note that investment decisions should be based on comprehensive analysis and not solely on the actions of other market participants.