Acquisitions19 Mar 2026, 12:03 pm
Promoter Daughter Krupa to Acquire 2.39% Shares of Swashthik Plascon Ltd via Gift from Promoter Mahendra Kumar
AI Summary
In accordance with Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Krupa, daughter of promoter Parasmal Mahendra Kumar, is set to acquire 2.39% shares of Swashthik Plascon Ltd from her father. This acquisition is proposed to be executed as an inter-se transfer by way of gift. Both transferor and transferee have complied with applicable disclosure requirements in Chapter V of the Takeover Regulations, 2011.
Key Highlights
- Krupa, daughter of promoter Parasmal Mahendra Kumar, to acquire 2.39% shares of Swashthik Plascon Ltd
- Shares to be acquired from her father, promoter Mahendra Kumar
- Acquisition to be executed as an inter-se transfer by way of gift
- Both transferor and transferee have complied with applicable disclosure requirements in Chapter V of the Takeover Regulations, 2011
Price Impact
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