StockWatch
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Packaging
Shareholding24 Oct 2026, 11:00 am

Swadeshi Industries Promoter Group Acquires 22.53% via Preferential Issue

AI Summary

Jayshree Sharma and the Promoter Group of Swadeshi Industries & Leasing Ltd have acquired 52,10,000 shares, representing 22.53% of the total share capital, through a preferential issue. This acquisition increases their total holding from 37,83,571 shares (34.97%) to 89,93,571 shares (38.89%). The transaction was completed via a preferential allotment, with the date of receipt of trading approval being 22.10.2026. The total equity share capital of the company increased from 1,08,17,950 shares to 2,31,27,950 shares post-acquisition.

Key Highlights

  • Promoter Group acquired 52,10,000 shares via preferential issue.
  • Acquisition represents 22.53% of total share capital.
  • Total promoter holding increased to 38.89% post-acquisition.
  • Company's equity share capital increased significantly.
  • Transaction is a substantial acquisition under SEBI regulations.