The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mahendra Kumar P & PACs
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Mahendra Kumar P, a promoter of Swashthik Plascon Ltd, purchased 1,00,800 equity shares (0.52% of share capital) from the open market on 30th September 2025. His individual holding rose from 10,63,178 shares (5.46%) to 11,63,978 shares (5.98%). The total promoter and PAC group holding increased from 43.94% (85,54,077 shares) to 44.46% (86,54,877 shares). The purchase was disclosed under SEBI's Takeover Regulations on 3rd October 2025. The company has 1,94,67,995 equity shares of face value Rs. 10 each outstanding.
This is a small open-market purchase by a promoter, signalling confidence in the company. The promoter group remains below the 50% majority threshold at 44.46%, so no takeover-related implications arise from this transaction.