Suchir Chemicals pledges Vinati Organics shares as loan guarantee

Suchir Chemicals Private Limited, a promoter of Vinati Organics Limited, has reported the creation of an encumbrance (pledge) on 175,000 equity shares of Vinati Organics. This disclosure, dated November 26, 2025, aligns with SEBI regulations. The shares were encumbered to furnish a guarantee for loans/advances availed by Alphagrep Securities Private Limited from ICICI Bank Limited.

Before this transaction, Suchir Chemicals Private Limited held 47,553,168 shares, representing 45.87% of Vinati Organics' total diluted share capital. The creation of the encumbrance on 175,000 shares represents 0.17% of the total share capital. Following this event, the post-event holding of encumbered shares by Suchir Chemicals Private Limited is 825,000 shares, equivalent to 0.80% of the total share capital.

Other promoters, including Vinati Saraf Mutreja, Viral Saraf Mittal, Vinod Saraf, Vinod Saraf Family Trust, Kavita Saraf, and Kavita Vinod Saraf Family Trust, did not report any encumbrance changes in this disclosure. Vinati Saraf Mutreja, director, signed the disclosure on behalf of Suchir Chemicals Private Limited.