Announced Thu, 26 Feb · 16:08 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, acquired 243 equity shares in the open market on 25th February 2026. This is a disclosure under SEBI's Substantial Acquisition of Shares & Takeovers Regulations. After the acquisition, the total holding of the acquirer along with Persons Acting in Concert (Indus Petrochem Ltd, Coppersmith Energies and Project Pvt Ltd, and Sudhir Malhotra) stands at 58,14,154 shares, or 66.11% of the company's voting capital. The change is negligible in size, moving total promoter group holding by less than 0.01% on a percentage basis. No encumbrance, warrants, or convertible instruments are involved.

Likely market impact

Practically no material impact on the stock or shareholder base — the acquisition is only 243 shares. The promoter group remains firmly in control at 66.11% of Sunshield Chemicals, and this filing appears to be a routine compliance disclosure for a marginal top-up rather than a meaningful change in ownership.