Chemikas Speciality releases Archean Chemical pledged shares

Chemikas Speciality LLP, a promoter of Archean Chemical Industries Limited, has announced the release of a pledge on 12,00,000 equity shares of the company. This disclosure was made on November 4, 2025, in accordance with Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Following this release, the percentage of pledged shares held by Chemikas Speciality LLP has decreased. The released shares represent 0.97% of the total share capital, with the pledge being held in favor of JM Financial Products Ltd.

The total promoter holding in Archean Chemical Industries Limited is 30.54%, with 4.08% previously encumbered. After this release, the post-event holding of encumbered shares for Chemikas Speciality LLP stands at 38,33,334, representing 3.11% of the total share capital.