Camlin Fine Sciences Share Pledge
Camlin Fine Sciences promoter-director Ashish Dandekar created pledges over 13.60 lakh shares worth ₹11.39 Cr. No change in shareholding; total pledged exposure rises for investors to monitor.
- Value
- ₹11.39 Cr
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5 announcements
Camlin Fine Sciences promoter-director Ashish Dandekar created pledges over 13.60 lakh shares worth ₹11.39 Cr. No change in shareholding; total pledged exposure rises for investors to monitor.
Promoter Ashish Subhash Dandekar released a pledge of 4,000 equity shares of Camlin Fine Sciences Ltd. This release followed the repayment of borrowings by the company.
Camlin Fine Sciences promoter Mr. Ashish Dandekar released a total of 40,96,000 pledged equity shares in two tranches on April 10 and 17, 2026. This follows partial repayment of borrowings to LRSD Securities Private Limited. Post-release, the promoter's total encumbered stake decreased from 9.92% to 7.78%.
Camlin Fine Sciences Ltd promoter Ashish S. Dandekar pledged 37,50,000 shares in total to Aditya Birla Capital and SKS Fincap. The encumbrance involves a ₹10 Crore loan facility to facilitate company borrowing and additional margin requirements. Total promoter encumbered shares now stand at 9.92% of the company's total share capital.
Mr. Ashish Subhash Dandekar, promoter of Camlin Fine Sciences Ltd, pledged 6,50,000 equity shares (0.34% stake) in favor of Ashika Credit Capital Limited on March 30, 2026. This additional margin pledge was created to cover a shortfall in security cover for financial assistance obtained by the company.