Camlin Fine Sciences Limited — Others, 11-12-2024: Disclosure under SEBI Takeover Regulations

Mr. Ashish S. Dandekar and Ms. Anagha S. Dandekar, promoters of Camlin Fine Sciences Ltd., have disclosed the acquisition of 50% of 1,016,000 equity shares (508,000 shares of Rs. 1 each) following the transmission from their late father, Mr. Subhash D. Dandekar. This acquisition falls under the exempt category for succession as per SEBI regulations. Importantly, the overall consolidated shareholding of the Promoter Group remains unchanged post-transaction. This development could lead to a positive outlook for investor sentiment, affirming the continuity in management and stability within the company’s governance structure.