PLASTIBLENBSEPlastiblends India Ltd-$MediumNeutral
Announced Mon, 9 Jun · 15:04 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kabra Extrusiontechnik Ltd

Ownership Changes View source PDF

PLASTIBLEN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kabra Extrusiontechnik Limited, part of the promoter/promoter group of Plastiblends India Ltd, sold 44,390 equity shares in the open market on 30 May 2025. The sale reduced its stake from 5.52% (14,33,967 shares) to 5.35% (13,89,577 shares) of the company's paid-up equity capital. The total equity share capital of Plastiblends India remains unchanged at 2,59,89,200 shares of Rs. 5 each. The disclosure was filed under SEBI Takeover Regulations and signed by Shreevallabh G. Kabra, Executive Chairman of Kabra Extrusiontechnik Ltd.

Likely market impact

This is a minor promoter-group trimming of holdings — just 0.17% of equity sold in the open market, unlikely to materially affect share price or promoter control. Retail investors should note the small reduction but no major governance concern arises.