BSEInsider Trading / SAST1d ago · 9 Nov 2026, 02:43 pm
The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on November 09, 2026 for Ashish Subhash Dandekar
Camlin Fine Sciences Ltd · 532834
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The promoter of Camlin Fine Sciences Ltd, Ashish Subhash Dandekar, has disclosed the creation of pledges on his shares in the company, totaling 2,90,000 and 7,90,000 shares respectively, with SKS Fincap Private Limited and Ashika Global Securities Limited (formerly Ashika Credit Capital Limited) as the entities in whose favor the shares are pledged. The pledges are for covering shortfall in security cover w.r.t financial assistance obtained by the Company.
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Camlin Fine Sciences Ltd - 532834 - Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011.
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Ashish S. Dandekar
9th Floor, Concorde Apts.
Bullock Road,
Bandstand, Bandra (W),
Mumbai – 400050
November 9, 2026
To, To, To,
The Manager, BSE Limited, Company Secretary,
Listing Department, 25, P. J. Towers, Camlin Fine Sciences Ltd.,
National Stock Exchange of India Ltd., Dalal Street, 2nd floor, In G.S. Point, CST Road,
Exchange Plaza, Mumbai – 400 001 Kalina, Santacruz (East), Mumbai 400
Bandra Kurla Complex, Ref: Scrip Code: 532834 098.
Bandra (East), Mumbai- 400051
Ref: Symbol: CAMLINFINE || Series: EQ
Sub.: Disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares, in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations,
2011 (SEBI SAST Regulations).
Dear Sir/Madam,
In Compliance with the disclosure under SEBI SAST Regulations, as amended, please find attached herewith disclosures (Annexure-I & Annexure II) in the prescribed format in relation to creation of pledge of Equity Shares of the Company.
Kindly take the same on record and acknowledge the receipt of the same.
Thanking you in anticipation,
Encl.: a/a
Yours truly,
(Ashish S. Dandekar)
ANNEXURE – I
Disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares / invocation of encumbrance/ release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011
Camlin Fine Sciences Limited
Name of the Target Company (TC)
BSE Limited
Names of the stock exchanges where the shares of the target company are listed
National Stock Exchange of India Limited
November 9, 2026
Date of reporting
Mr. Ashish Subhash Dandekar
Name of the promoter or PAC on whose shares encumbrance has been created/released/invoked
Details of the creation of encumbrance:
Name of Promoter Promoter Details of events pertaining to encumbrance (3) Post event
the holding in the holding already holding of
promoter target company encumbered (2) encumbered
(s) or (1) shares {creation
PACs with him [(2)+(3)]
Number % of Number % of Type of Date of Type of Reasons for Number % of share Name of the entity Number % of total share
total total event creation/ encumbrance capital in whose favor capital
encumbrance
share share (creation / release/ (pledge/ lien/ shares encumbered
capital capital release / invocation of non disposal ***
invocation) encumbrance undertaking/
others)
Mr. 1,97,78,510 10.30% 1,63,10,000 8.49% Creation November 6, Pledge Additional margin 2,90,000 0.15% SKS Fincap Private 1,66,00,000 8.64%
Ashish Subhash 2026 pledge for covering Limited
Dandekar shortfall in security
cover w.r.t financial
assistance obtained
by the Company.
Mr. 1,97,78,510 10.30% 1,66,00,000 8.64% Creation Pledge 7,90,000 0.41% Ashika Global 1,73,90,000 9.05%
Ashish Subhash Securities Limited
Dandekar (formerly Ashika
Credit Capital)
Limited
Ashish S. Dandekar
Place : Mumbai
Date : November 9, 2026
ANNEXURE – II
Disclosure of reasons for encumbrance
Name of listed company Camlin fine Sciences Limited
Name of the recognised stock exchanges where the shares of the company BSE Limited
are listed National Stock Exchange of India Limited
Name of the promoter(s) / PACs whose shares have been Mr. Ashish Subhash Dandekar
encumbered
Total promoter shareholding in the listed company No. of shares - 1,97,78,510
% of total share capital - 10.30%
Encumbered shares as a % of promoter shareholding 83.93% 87.92%
Whether encumbered share is 50% or more of promoter YES YES
shareholding
Whether encumbered share is 20% or more of total share capital NO NO
Details of all the existing events/ agreements pertaining to encumbrance
Date of creation of Encumbrance November 6, 2026 November 6, 2026
Type of encumbrance (pledge, lien, negative lien, non-disposal Creation of Pledge of Equity Shares Creation of Pledge of Equity Shares
undertaking etc. or any other covenant, transaction, condition or
arrangement in the nature of encumbrance)
No. and % of shares encumbered No. of shares: 2,90,000 No. of shares: 7,90,000
% of total share capital: 0.15% % of total share capital: 0.41%
Specific details Name of the entity in whose favour shares SKS Fincap Private Limited Ashika Global Securities Limited (formerly Ashika Credit Capital Limited)
about the encumbered (X)
encumbrance Whether the entity X is a scheduled commercial bank, YES YES
public financial institution, NBFC or housing finance
company? If No, provide the nature of the business of
the entity.
Names of all other entities in the agreement NA NA
Whether the encumbrance is relating to any debt NO NO
instruments viz. debenture, commercial paper, certificate
of deposit etc.? If yes, provide details about the
instrument, including credit rating
Security Cover / Value of shares on the date of event / Rs. 2,20,48,700 Rs. 6,00,63,700
Asset Cover agreement (A)
Amount involved (against which shares have been NA NA
encumbered) (B)
Ratio of A / B NA NA
End use Borrowed amount to be utilized for what Additional margin pledge for covering shortfall in security cover w.r.t financial assistance obtained by the Company.
of money purpose
(a) Personal use by promoters and PACs
(b) For the benefit of listed company
Provide details including amount, purpose of raising
money by listed company, schedule for utilization of
amount, repayment schedule etc.
(a) Any other reason (please specify)
Ashish S. Dandekar
Place : Mumbai
Date : November 9, 2026