Privi Speciality Chemicals Limited — Others, 25-11-2024: Disclosure under SEBI Takeover Regulations

Seema, Snehal, Jyoti, and Mahesh Babani, all promoters of Privi Speciality Chemicals Ltd (formerly Fairchem Speciality Limited), have confirmed that they did not create any encumbrances on the company's equity shares during the financial year that ended March 31, 2024. This disclosure is in compliance with SEBI regulations regarding substantial acquisitions of shares and takeovers. The absence of encumbrances suggests a stable ownership structure, which may positively influence investor sentiment by reinforcing confidence in the stability and independence of management decisions.