The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Swarna Malhotra & PAC
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Swarna Malhotra, part of the promoter group of Sunshield Chemicals, has acquired 658 equity shares (0.01% of total share capital) through the open market on 2nd March 2026. Together with Persons Acting in Concert (PACs) — Indus Petrochem Limited, Coppersmith Energies and Project Private Limited, and Sudhir Malhotra — the promoter group's combined holding has marginally increased from 66.11% to 66.12% post-acquisition. The transaction is very small in size and no encumbrance (pledge/lien) is involved. Indus Petrochem Limited continues to be the largest stakeholder in the group at 62.36%.
This is a minor, routine open-market purchase by a member of the promoter family and signals continued promoter confidence, though the negligible size means it is unlikely to have any material impact on the stock price or shareholding structure.