Announced Tue, 11 Aug · 17:33 IST
Promoter group raises stake in Swashthik Plascon to 46.57 percent via open market buys
Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDFExplain this filing
Price
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Price reaction · full curve 14 horizons · vs prior close
+4.6%1-day move
₹22.94
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.6—-4.1-0.2——————
Up moveDown movePending
AI summary
Promoter Mahendra Kumar P along with five PACs bought 4,11,200 equity shares (2.13 percent stake) of Swashthik Plascon via open market between June 19 and August 10, 2026. Combined promoter group holding rose from 44.46 percent to 46.57 percent. Total equity capital is 1,94,67,995 shares of face value Rs 10.
Likely market impact
Signals promoter confidence. Stake now within 3.5 percent of 50 percent threshold, which could trigger takeover code implications if crossed.