The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kabra Extrusiontechnik Ltd
PLASTIBLEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kabra Extrusiontechnik Limited, part of the promoter group of Plastiblends India Limited, sold 44,390 shares (0.17% of total equity) through open market between May 30 and June 6, 2025. The promoter group's holding in Plastiblends has reduced from 5.52% (14,33,967 shares) to 5.35% (13,89,577 shares). The transaction was disclosed under SEBI's Takeover Regulations and signed by Shreevallabh G. Kabra, Executive Chairman of Kabra Extrusiontechnik. The equity capital of Plastiblends remains unchanged at 2,59,89,200 shares.
This is a small, routine trim by a promoter group entity and unlikely to have any material impact on the stock price. Post-sale, the promoter group continues to hold 5.35% in Plastiblends, indicating no significant change in promoter conviction.