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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Swarna Malhotra, a promoter group member, acquired 457 equity shares of Sunshield Chemicals through open market purchases on May 20-21, 2026. The acquisition was very small at 0.00% of total share capital. Along with persons acting in concert (PACs) including Indus Petrochem Limited, Coppersmith Energies, Sudhir Malhotra, and Jeet Malhotra, the total promoter group holding before and after the acquisition remained virtually unchanged at 66.54% (58,52,190 shares). The acquirer confirmed no pledges, warrants, or encumbrances on the shares. This appears to be a routine open market purchase by a promoter group member.
The acquisition has no material impact on shareholding structure since the promoter group already holds a commanding 66.54% stake and the purchase was negligible. This is likely a routine filing for minimal open market buying by an existing promoter.