Announced Wed, 23 Sept, 2026 · 11:23 IST
Promoter group buys 0.78% open market, holding rises to 49.36%
Promoter Stake BuyCreeping Acquisition Near ThresholdPromoter Below 50pctOwnership Changes View source PDFExplain this filing
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.7%1-day move
₹21.25
prior close
₹21.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
———-1.0-2.7-1.7-5.9-3.5-6.8—————
Up moveDown movePending
AI summary
Anita and PACs (promoter group of Swashthik Plascon) bought 1,52,000 shares (0.78%) via open market between 17 and 21 September 2026. Anita bought 97,600 shares and Dharmendra Kumar P bought 54,400. Combined promoter holding rose from 48.58% to 49.36%, now just below the 50% takeover threshold. Encumbered shares total 40.73%. Total equity capital is 1,94,67,995 shares of Rs 10 face value.
Likely market impact
Promoter holding at 49.36%, just below 50%; further buying could trigger mandatory open offer under takeover rules.