StockWatch
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Specialty Chemicals
Shareholding22 May 2026, 10:48 am

Swarna Malhotra & PACs Increase Stake in Sunshield Chemicals

AI Summary

Swarna Malhotra and Persons Acting in Concert (PACs) have increased their shareholding in Sunshield Chemicals Limited through open market acquisitions. The disclosure, under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, reveals that Swarna Malhotra acquired 457 shares. Following the acquisition, the total holding of Swarna Malhotra and PACs stands at 58,52,190 shares, representing 66.54% of the total share/voting capital of the company. The acquisition was executed on May 20th and 21st, 2026.

Key Highlights

  • Swarna Malhotra acquired 457 shares of Sunshield Chemicals via open market.
  • Post-acquisition, Swarna Malhotra & PACs hold 66.54% of Sunshield Chemicals.
  • The acquisition was made under SEBI Takeover Regulations.
  • Acquisition dates were May 20th and 21st, 2026.