Announced Thu, 12 Mar · 10:43 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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mrs. Swarna Malhotra, along with persons acting in concert (Indus Petrochem Ltd, Coppersmith Energies and Project Pvt Ltd, Sudhir Malhotra, and Jeet Malhotra), acquired 1,701 equity shares of Sunshield Chemicals Ltd through open market purchases on 10th March 2026 (1,201 shares) and 11th March 2026 (500 shares). This represents 0.02% of the company's total voting capital. Following this acquisition, the combined promoter group holding increased marginally from 66.28% (58,28,844 shares) to 66.31% (58,31,685 shares). The shares were acquired by Swarna Malhotra personally, and no encumbrances, warrants, or convertible instruments are involved.

Likely market impact

This is a small, routine open-market purchase by an existing promoter group member that slightly increases the already-dominant promoter holding from 66.28% to 66.31%. The size of the acquisition is too small to materially affect stock price or shareholding dynamics, and signals continued promoter confidence in the company.