Quest Capital Markets Ltd — Important, 03-11-2025: Company Update

Quest Capital Markets has acquired 1.2 crore equity shares of PCBL Chemical Limited by converting warrants, at Rs. 280 per share. This strategic investment totals Rs. 33.6 crore, representing a 0.2299% stake in PCBL Chemical's post-issue share capital. PCBL Chemical, a major carbon black manufacturer with significant revenue growth (FY25 turnover of 8404 Cr), is expanding its performance chemicals business and focusing on sustainability. This move strengthens Quest Capital Markets' portfolio with an investment in a growing industrial chemicals player.