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
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Awaiting price reaction for this filing.
Kabra Extrusiontechnik Limited, part of the promoter/promoter group of Plastiblends India Ltd, sold 13,058 shares (0.05% of equity) through open market transactions between June 9 and June 16, 2025. The entity's holding decreased from 13,89,577 shares (5.35%) to 13,76,519 shares (5.30%) of the company. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, signed by Shreevallabh G. Kabra, Executive Chairman of Kabra Extrusiontechnik Ltd. The sale is very small in size and the overall equity capital of the target company remains unchanged at 2,59,89,200 shares.
This is a minor promoter group trim of just 0.05% stake, unlikely to materially impact the stock price or signal any change in promoter confidence. Investors should note that Kabra Extrusiontechnik Ltd still holds 5.30% as a promoter group entity.