The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(iii)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Krupa D/o Mahendra Kumar, identified as part of the Promoter Group, acquired 4,65,000 shares (12.39% stake) of Swashthik Plascon Limited on 27th March 2026. Prior to this acquisition, she held zero shares. The seller (also a promoter group member) reduced their holding from 11,63,978 shares (5.98%) to 6,98,978 shares (3.59%). The filing is under Regulation 10(1)(a)(iii) exemption, which allows intra-group promoter transfers without triggering an open offer. Regulatory filings were completed within prescribed timelines - Regulation 10(5) report filed on 19th March 2026 (before acquisition) and Regulation 10(6) report on 30th March 2026 (within 4 working days after).
This represents a promoter group consolidation of shares, with one promoter reducing and another increasing their stake within the group. The combined promoter holding remains unchanged, indicating a family-level reallocation rather than any change in control or external acquisition. Minimal direct market impact expected.