Balaji Amines Promoters Pledge 6.25 Lakh Shares to HDFC Bank for Credit Facilities

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:

Parameter:	Details
Total Pledged Shares:	6,25,000 shares
Percentage of Total Capital:	1.93%
Date of Pledge Creation:	December 30, 2025
Beneficiary:	HDFC Bank Limited
Type of Encumbrance:	Pledge

Promoter-wise Shareholding Details

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

Promoter Name:	Total Shares Held	Holding %	Pledged Shares	Pledged %
Dundurapu Ram Reddy:	4,74,855 shares	1.47%	4,25,000 shares	1.31%
Dundurapu Vandana Reddy:	2,30,269 shares	0.71%	2,00,000 shares	0.62%

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+14.29%	+9.14%	+8.64%	-36.13%	-30.73%	+4.47%

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 Gaddam Hemanth Reddy to secure credit facilities for the company's business operations.

Share Pledge Details

The encumbrance involves the pledging of shares by promoter Gaddam Hemanth Reddy to HDFC Bank Limited. The pledge was created on December 30, 2025, as security for availing credit facilities that will be utilized for the company's principal business activities.

Parameter:	Details
Promoter Name:	Gaddam Hemanth Reddy
Shares Pledged:	3,75,000 shares
Percentage of Total Capital:	1.16%
Pledge Date:	December 30, 2025
Beneficiary:	HDFC Bank Limited
Type of Encumbrance:	Pledge

Promoter Shareholding Position

Gaddam Hemanth Reddy holds a total of 8,17,746 shares in Balaji Amines Limited, representing 2.52% of the company's total share capital. Prior to this transaction, the promoter had no existing encumbrances on his shareholding.

Shareholding Details:	Number of Shares	Percentage
Total Promoter Holding:	8,17,746	2.52%
Previously Encumbered:	Nil	Nil
Current Pledge:	3,75,000	1.16%
Remaining Unencumbered:	4,42,746	1.36%

Purpose and Compliance

The pledge has been created specifically as security for credit facilities from HDFC Bank Limited. The funds obtained through these credit facilities will be utilized for the company's principal business activities. The disclosure has been 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, maintaining transparency with all stakeholders regarding changes in promoter shareholding patterns.