BSEInsider Trading / SAST2d ago · 3 Sept 2026, 10:17 am
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Thirumalai Chemicals Ltd
Ultramarine & Pigments Ltd-$ · 506685
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Ultramarine & Pigments Ltd's promoter, Thirumalai Chemicals Ltd, has made a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding the disposal of equity shares held in Ultramarine & Pigments Ltd. The disclosure details the acquisition and disposal of shares, including the number of shares acquired/sold, the percentage of total share capital, and the date of acquisition/sale.
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Ultramarine & Pigments Ltd-$ - 506685 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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Registered Office:
“THIRUMALAI HOUSE”,
Plot No. 101-102, Road No. 29,
Sion (East), Mumbai – 400 022, India
PHONE: +91 – 22– 43686200
FAX +91 – 22 – 24011699
E‐ MAIL: thirumalai@thirumalaichemicals.com
Website: www.thirumalaichemicals.com
(AN ISO 9001, 14001, 50001/ HACCP & FSSC 22000 CERTIFIED COMPANY)
CIN: L24100MH1972PLC016149
TCL/SE041/2026-27
September 02, 2026
The National Stock Exchange of India Limited BSE Limited
Listing Department Department of Corporate Services
Exchange Plaza, Bandra Kurla Complex Floor 25, Phiroze Jeejeebhoy Towers
Bandra (East) Dalal Street
M umbai 400 051 Mumbai 400 001
Dear Sir/ Ma’am,
Sub.: Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011
Pursuant to Regulation 29(2) read with Regulation 29(3) of the Securities and Exchange
Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as
amended ("SEBI SAST Regulations"), we hereby submit the requisite disclosure regarding
the disposal of equity shares held in M/s. Ultramarine & Pigments Limited.
Kindly take the above information into your records.
Thanking you,
Yours faithfully,
For Thirumalai Chemicals Limited
Aditya Sharma
Company Secretary & Compliance officer
Encl.: As above
Mr. Kishore Sahoo,
Company Secretary & Compliance Officer
M/s. Ultramarine Pigments Ltd
Thirumalai House, Road No.29
Near Sion Hill Fort, Sion (E), Mumbai - 400 022
Registered Office:
“THIRUMALAI HOUSE”,
Plot No. 101-102, Road No. 29,
Sion (East),Mumbai – 400 022, India
PHONE: +91 – 22– 43686200
FAX +91 – 22 – 24011699
E- MAIL: thirumalai@thirumalaichemicals.com
Website: www.thirumalaichemicals.com
(AN ISO 9001, 14001, 50001/ HACCP & FSSC 22000 CERTIFIED COMPANY)
CIN: L24100MH1972PLC016149
Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011
Name of the Target Company (TC) Ultramarine & Pigments Limited
Name(s) of the acquirer /seller and Persons Thirumalai Chemicals Limited
Acting in Concert (PAC) with the acquirer
Whether the acquirer / seller belongs to promoter Yes
/ Promoter group
Name(s) of the Stock Exchange(s) where the BSE Limited
shares of TC are Listed
Details of the acquisition / disposal as follows Number % w.r.t.total % w.r.t. total
share/voting diluted
capital share/voting
wherever capital of the
applicable(*) TC(**)
Before the acquisition / disposal, under
consideration, holding of:
a) Shares carrying voting rights 41,98,837 14.38% 14.38%
b) Shares in the nature of encumbrance (pledge/ lien/
non-disposal undertaking/ others)
c) Voting rights (VR) otherwise than by shares
d) Warrants/convertible securities/any other
instrument
that entitles the acquirer to receive shares carrying
voting rights in the T C (specify holding in each
category)
e) Total (a+b+c+d) 41,98,837 14.38% 14.38%
Details of acquisition/sale:
a) Shares carrying voting rights acquired/sold 14,60,000 5% 5%
b) VRs acquired /sold otherwise than by shares
c) Warrants/convertible securities/any other
instrument
that entitles the acquirer to receive shares carrying
voting rights in the TC (specify holding in each
category) acquired/sold
d) Shares encumbered / invoked/released by the
acquirer
e) Total (a+b+c+/-d) 14,60,000 5% 5%
Registered Office:
“THIRUMALAI HOUSE”,
Plot No. 101-102, Road No. 29,
Sion (East),Mumbai – 400 022, India
PHONE: +91 – 22– 43686200
FAX +91 – 22 – 24011699
E- MAIL: thirumalai@thirumalaichemicals.com
Website: www.thirumalaichemicals.com
(AN ISO 9001, 14001, 50001/ HACCP & FSSC 22000 CERTIFIED COMPANY)
CIN: L24100MH1972PLC016149
After the acquisition/sale, holding of:
a) Shares carrying voting rights 27,38,837 9.38% 9.38%
b) Shares encumbered with the acquirer
c) VRs otherwise than by shares
d) Warrants/convertible securities/any other
instrument
that entitles the acquirer to receive shares carrying
voting rights in the TC (specify holding in each
category) after acquisition
27,38,837 9.38% 9.38%
e) Total (a+b+c+d)
Mode of acquisition / sale (e.g. open market / off- Stock Exchange – Through Block Deal
market / public issue / rights issue / preferential
allotment / inter-se transfer etc).
Date of acquisition / sale of shares / VR or date of 31.08.2026
receipt of intimation of allotment of shares,
whichever is applicable
Equity share capital / total voting capital of the 2,92,00,000 Equity Shares of Rs. 2/- each
TC before the said acquisition / sale
Equity share capital/ total voting capital of the 2,92,00,000 Equity Shares of Rs. 2/- each
TC after the said acquisition / sale
Total diluted share/voting capital of the TC after 2,92,00,000 Equity Shares of Rs. 2/- each
the said acquisition
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock
Exchange under Clause 35 of the listing Agreement.
(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of
the outstanding convertible securities/warrants into equity shares of the TC.
For Thirumalai Chemicals Limited
Ramya Bharathram
Managing Director & CFO
Place: USA
Date: 02.09.2026