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 Ltd, has disclosed the purchase of 250 equity shares (0.00% of total share capital) via the open market on 18th March 2026. The combined holding of Swarna Malhotra along with Persons Acting in Concert (Indus Petrochem Ltd, Coppersmith Energies and Project Pvt Ltd, Sudhir Malhotra, and Jeet Malhotra) stands at 58,47,552 shares representing 66.49% of the company's share capital after the acquisition, virtually unchanged from 66.49% before. The acquisition was a very small open-market purchase with no encumbrance involved. The total equity share capital of the company remains at Rs. 8,79,48,360.
This is a negligible acquisition of just 250 shares by a promoter and has no meaningful impact on the shareholding pattern or stock price. The promoter group's overall stake remains steady at 66.49%, reflecting stable promoter ownership in the company.