As required under regulation 30(c)(3) of SEBI (LODR) Regulations, 2015, Polychem has informed that the company has further sold 60,000 Equity shares i.e. 0.70% of equity share capital of GPEL, (Subsidiary Company) at a price of Rs 129.40 per share in Open Market on 23rd September, 2024, for a total consideration of Rs 77,64,000. Post this transaction, the total equity shares held by the company in GPEL is 44,53,745 shares which is 52.09% of the total equity share capital of the Company.