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 Limited, acquired 1,188 equity shares through open market purchases on 23rd February 2026 (538 shares) and 24th February 2026 (650 shares). Her personal holding rose from 49,420 shares (0.56%) to 50,608 shares (0.58%). Together with Persons Acting in Concert (Indus Petrochem Limited, Coppersmith Energies and Project Private Limited, and Sudhir Malhotra), the combined promoter group holding increased marginally from 66.09% to 66.11% of the company's equity share capital. Indus Petrochem Limited remains the largest stakeholder at 62.36%.
This is a small, routine open-market purchase by a promoter group member and is unlikely to have any meaningful impact on the share price or control of the company. The combined promoter holding remains comfortably above 66%, indicating stable promoter control with no change in ownership structure.