BSESunshield Chemicals LtdMediumNeutral
Announced Fri, 13 Mar · 10:55 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Swarna Malhotra & PACs

Promoter Stake BuyOwnership Changes View source PDF

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 14 horizons · vs prior close
-0.9%1-day move
₹772.20
prior close
₹781.75
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-1.4-1.4-1.4-0.9-2.0+2.0+1.7+3.2-4.0+1.7-0.5+26.4+63.4
Up moveDown movePending
AI summary

Swarna Malhotra, part of the promoter group of Sunshield Chemicals, purchased 2,000 equity shares (0.02%) in the open market on 13th March 2026. The acquisition was made along with persons acting in concert (PACs): Indus Petrochem Limited, Coppersmith Energies and Project Private Limited, Sudhir Malhotra, and Jeet Malhotra. The combined promoter group holding rose marginally from 58,31,685 shares (66.31%) to 58,33,685 shares (66.33%) of the company's equity. Swarna Malhotra's individual stake increased from 0.76% to 0.78%. No encumbrances, warrants, or convertible securities are involved in this transaction.

Likely market impact

This is a small, routine promoter-group share purchase and is unlikely to materially affect the stock price. It signals continued promoter confidence, with the promoter group firmly in control at over 66% of the company.