Fortune Hands Growth Fund Scheme I Acquires 5.02% Stake in Swastika Castal Ltd, Crossing 5% Threshold with 410,000 Shares via Market Purchase

Fortune Hands Growth Fund Scheme I has disclosed a substantial acquisition of shares in Swastika Castal Ltd, bringing its total holding to 5.02% of the company's paid-up share capital. The acquisition involved an additional 10,000 shares through market purchase, increasing their stake from 400,000 shares (before acquisition) to 410,000 shares (after acquisition). This transaction triggered the disclosure requirements under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Swastika Castal Ltd's total equity share capital remains 8,164,000 shares of Rs. 10 each. The move signifies a notable investment by Fortune Hands Growth Fund Scheme I, potentially reflecting confidence in Swastika Castal Ltd's future prospects.