Ashish S. Dandekar Creates Pledge of Equity Shares in Camlin Fine Sciences Ltd.
Mumbai – March 18, 2026 – Ashish S. Dandekar has created pledges of equity shares in Camlin Fine Sciences Limited, according to disclosures made to the National Stock Exchange of India Limited and BSE Limited.The disclosures, filed on March 17, 2026, detail the creation of pledges undertaken to facilitate borrowing by the target company. Dandekar’s holdings represent 10.30% of the total share capital, equivalent to 1,97,78,510 shares.
Here's a breakdown of the share pledges:
| Event | Shares Pledged (Number) | % of Total Share Capital | Entity in Favor |
|---|---|---|---|
| Creation | 34,75,000 | 1.81% | LRSD Securities Private Limited |
| Creation | 9,50,000 | 0.49% | BHN Capital |
| Creation | 1,00,000 | 0.05% | Ashika Credit Capital Limited |
The total shares pledged as a percentage of Dandekar’s promoter shareholding is 62.06%. The shares were pledged to facilitate borrowing by Camlin Fine Sciences Limited. LRSD Securities Private Limited is a scheduled commercial bank. BHN Capital is a partnership firm. Ashika Credit Capital Limited is a scheduled commercial bank.
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