The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Swarna Malhotra & PACs
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mrs. Swarna Malhotra, part of the promoter group of Sunshield Chemicals, bought 445 equity shares through the open market on 26th February 2026. Her personal holding rose marginally from 50,851 to 51,296 shares (still around 0.58%). The other promoter group entities — Indus Petrochem Limited (62.36%), Coppersmith Energies and Project Private Limited (3.16%), and Sudhir Malhotra (0.01%) — saw no change in their holdings. The combined promoter and persons-acting-in-concert (PAC) holding moved from 66.11% to 66.11% of total voting capital, effectively unchanged. The acquisition was made in cash on the BSE, with no encumbrance involved. The disclosure has been filed under Regulation 29(2) of the SEBI Takeover Regulations.
This is a token purchase with no meaningful change in promoter control or shareholding percentage. It signals routine promoter confidence but has negligible impact on stock price or shareholder value.