StockWatch
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Pharmaceuticals
Shareholding12 Oct 2026, 05:40 pm

Ind-Swift Labs: Promoter Group Acquires 14 Lakh Shares

AI Summary

Essix Biosciences Limited, part of the Promoter and Promoter Group of Ind-Swift Laboratories Limited, has acquired 14,00,000 equity shares. This acquisition occurred on October 8, 2026, through the conversion of Fully Convertible Warrants. The transaction represents a 1.58% increase in total shareholding for Essix Biosciences Limited, bringing their post-acquisition holding to 38.80% of the total capital. The total promoter and promoter group holding increased from 42.93% to 43.84%.

Key Highlights

  • Essix Biosciences Limited acquired 14,00,000 equity shares.
  • Acquisition was via conversion of Fully Convertible Warrants.
  • Promoter group's shareholding increased by 1.58%.
  • Total promoter and promoter group holding now stands at 43.84%.