CTL Trusteeship Pledges 79 Lakh Shares of Archean Chemical Industries Ltd
CTL Trusteeship Limited, acting as the Security Trustee on behalf of Lender(s), has pledged shares in Archean Chemical Industries Limited. The transaction details relate to the encumbrance of equity shares held by the company.The acquisition, which involves the pledge of stock, was recorded following an intimation date of June 10, 2026. CTL Trusteeship Limited's holding and subsequent pledging details reveal that they are not part of any promoter group in relation to this transaction. The mode of acquisition involved the pledge of equity shares of Archean Chemical Industries Limited in favour of CTL Trusteeship Limited acting as Security Trustee on behalf of Lender(s).
The pledged securities comprise a total of 79,00,000 equity shares, which accounts for 6.40% of the company's total share capital. The pledge relates to shares carrying voting rights.
Key figures concerning the acquisition and subsequent holdings are summarized below:
| Metric | Details |
|---|---|
| Target Company | Archean Chemical Industries Limited |
| Pledging Entity | CTL Trusteeship Limited (Security Trustee on behalf of Lender(s)) |
| Shares Pledged | 79,00,000 |
| Percentage of Encumbrance | 6.40% |
| Equity Share Capital Before Pledge | INR 12,34,58,394 (Face value Rs. 02 each) |
| Total Voting Capital After Pledge | INR 12,34,58,394 (Face value Rs. 02 each) |
Prior to the pledge, CTL Trusteeship Limited's holding in this category was zero. Following the encumbrance, the company’s total pledged shares remain at 79,00,000, representing 6.40% of the issued capital.
ACI Stock Price Movement
Archean Chemical Industries Limited shares gained on Friday, closing at ₹543.00 after edging higher by 2.45%, or ₹13.00. The stock traded with a volume of 162,669 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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