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, purchased 6,976 equity shares (0.08% of the company's share capital) through the open market on 6th March 2026. This is a small incremental acquisition by an individual promoter, not by the major PAC Indus Petrochem Limited (which continues to hold 62.36%). Together with Persons Acting in Concert (Indus Petrochem, Coppersmith Energies, Sudhir Malhotra, and Jeet Malhotra), the promoter group's combined holding has risen from 66.15% to 66.24% of total equity. The shares were bought from the open market, and there were no encumbrances, warrants, or convertible securities involved.
This is a marginal promoter purchase of just 0.08%, too small to meaningfully affect shareholding dynamics or trigger any SEBI takeover threshold. It signals mild promoter confidence but is unlikely to move the stock price.