BSEInsider Trading / SAST1d ago · 9 Nov 2026, 02:41 pm

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on November 09, 2026 for Ashish Subhash Dandekar

Camlin Fine Sciences Ltd · 532834

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Camlin Fine Sciences Ltd's promoter, Ashish Subhash Dandekar, has created a pledge of 1,97,78,510 shares, representing 10.30% of the company's total share capital, as additional margin for covering a shortfall in security cover for financial assistance obtained by the company.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk6/10
Balance Sheet Risk8/10
Liquidity Impact4/10
Market Sentiment5/10

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Camlin Fine Sciences Ltd - 532834 - Disclosures under Reg. 31(1) and 31(2) 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