Chemikas Speciality pledges additional Archean Chemical shares

Chemikas Speciality LLP, a promoter of Archean Chemical Industries Limited, has announced a pledge of 1,800,000 equity shares of Archean Chemical Industries Limited. This action, disclosed on November 18, 2025, represents 1.46% of the total share capital, according to a filing with the BSE Limited and National Stock Exchange of India Limited.

The pledge was created on November 18, 2025, to secure loans, with Bajaj Finance Limited identified as the entity in whose favor the shares are encumbered. This transaction increases Chemikas Speciality LLP's total encumbered shares to 5,633,334, representing 4.56% of the company's total share capital.

Prior to this transaction, Chemikas Speciality LLP held 37,693,219 shares, equating to 30.53% of the total share capital, with 3,833,334 shares (3.11%) already encumbered.