StockWatch
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Specialty Chemicals
Shareholding27 May 2026, 11:28 am

Sunshield Chemicals: Swarna Malhotra & PAC Increase Stake

AI Summary

Swarna Malhotra and persons acting in concert (PAC) have increased their stake in Sunshield Chemicals Limited through an open market acquisition. The disclosure, under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, reveals a marginal increase in Swarna Malhotra's individual shareholding, while the combined holding of the acquirer and PAC remains at 66.54% of the company's equity share capital. The acquisition was executed on May 25, 2026.

Key Highlights

  • Swarna Malhotra & PAC increased stake in Sunshield Chemicals via open market.
  • Acquisition under SEBI (SAST) Regulations, 2011.
  • Swarna Malhotra's individual holding increased by 3 shares.
  • Total holding of acquirer & PAC remains at 66.54% post-acquisition.
  • Acquisition date: May 25, 2026.