Himadri Speciality Chemical Limited — Important, 28-01-2025: Updates

Disclosure submitted by a promoter reveals the acquisition of shares in Himadri Speciality Chemical Ltd by Modern Hi-Rise Private Limited and its associated promoters. The acquisition involved 207,952 shares, increasing the combined holdings of the acquirers and persons acting in concert (PACs) to 264,759,302 shares, representing 51.61% of the total voting capital. Before this acquisition, the holdings were at 51.57%. The shares were acquired through open market transactions between January 22, 2025, and January 24, 2025. This move reflects the promoters' continued confidence in the company and may indicate a strategic positioning to strengthen voting power, making it a point for investors to watch closely.