The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Swarna Malhotra & PACs
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Mrs. Swarna Malhotra, part of the promoter group of Sunshield Chemicals Limited, purchased 579 equity shares (0.01% of paid-up capital) through open market on 9th February 2026. Her personal holding rose from 44,046 shares (0.50%) to 44,625 shares (0.51%). Together with Persons Acting in Concert (PACs) – Indus Petrochem Limited, Coppersmith Energies and Project Private Limited, and Sudhir Malhotra – the combined promoter group holding increased marginally from 66.03% to 66.04% of the company's equity and voting capital. The acquisition was a routine, very small open-market buy with no encumbrance (pledge/lien) involved.
This is a minor, non-material acquisition by the promoter family and is unlikely to have any meaningful impact on the stock price or shareholder structure. Promoter group remains firmly in control at over 66% and is well above any regulatory threshold.