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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Swarna Malhotra, a member of the promoter group of Sunshield Chemicals Ltd, acquired 182 equity shares (0.00%) through open market purchase on 19 May 2026. She is acting in concert with Indus Petrochem Limited, Coppersmith Energies and Project Private Limited, Sudhir Malhotra, and Jeet Malhotra. The promoter group collectively held 58,51,733 shares (66.54%) of the company both before and after this acquisition. There is no pledge on any shares and no convertible securities involved.
This is a minimal transaction with no material change to promoter holding. The promoter group remains firmly in control at 66.54%, and the filing is a routine compliance requirement for even trivial open market acquisitions by promoters.