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Alchemist Corporation LtdUpdates, 09-04-2025: Company Update

09-04-2025 · 05:20 pm

Rajendra Seclease Limited, the promoter of Alchemist Corporation Limited, has disclosed that as of March 31, 2025, there has been no encumbrance of shares, either directly or indirectly, during the financial year ending March 31, 2025. This declaration reinforces the stability of the promoter's stake, suggesting no significant changes in their commitment to the company.

This update is likely to foster a positive outlook among investors, signaling management's confidence in the company's direction. The absence of encumbrance indicates a stable shareholding structure, reducing potential risks associated with liquidity issues in the promoter's shares.

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