Acquisitions9 April 2026 at 02:48 am
Swashthik Plascon Ltd Receives Disclosure for Acquisition Under SEBI Regulations
AI Summary
Swashthik Plascon Ltd has received a disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(iii) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition involves Swashthik Plascon Ltd and the seller(s). The acquisition price per share and the date of acquisition are specified in the disclosure. The acquirer and the seller(s) satisfy the relationship as defined in Regulation 10(1 )(a)(iii) of the Takeover Regulations. The acquirer has confirmed that the acquisition price per share is not higher by more than twenty-five percent of the price as calculated in the regulations.
Key Highlights
- Swashthik Plascon Ltd received a disclosure for acquisition under SEBI regulations.
- The acquisition involves Swashthik Plascon Ltd and the seller(s).
- The acquisition price per share and the date of acquisition are specified in the disclosure.
- The acquirer and the seller(s) satisfy the relationship as defined in Regulation 10(1 )(a)(iii) of the Takeover Regulations.
- The acquirer has confirmed that the acquisition price per share is not higher by more than twenty-five percent of the price as calculated in the regulations.