Announced Fri, 20 Feb · 15:09 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

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mrs. Swarna Malhotra, part of the promoter group of Sunshield Chemicals Ltd, acquired 217 equity shares of the company through the open market on 18th February 2026. The acquisition size is negligible at just 0.00% of the total share capital. Post-acquisition, the combined holding of Swarna Malhotra along with PACs (Indus Petrochem Limited, Coppersmith Energies and Project Private Limited, and Sudhir Malhotra) stands at 58,12,610 shares, representing 66.09% of the company's equity and voting capital — unchanged from the pre-acquisition level due to the tiny size of the deal. Indus Petrochem Limited remains the largest holder in the group at 62.36%.

Likely market impact

This is a routine, token disclosure with no meaningful impact on shareholding pattern or stock price, as the promoter group's stake remains steady at 66.09%. Retail investors should note no material change in promoter control.