Swastika Castal Receives Intimation of Fortune Hands Growth Fund's 5.02% Stake Acquisition
Swastika Castal Limited officially intimated BSE about Fortune Hands Growth Fund Scheme I's substantial acquisition crossing 5% threshold. The fund acquired 10,000 shares through market purchase, increasing its holding from 4,00,000 shares (4.90%) to 4,10,000 shares (5.02%) in the BSE SME-listed aluminium casting company.

*this image is generated using AI for illustrative purposes only.
Swastika Castal Limited has received formal intimation from Fortune Hands Growth Fund Scheme I regarding the acquisition of shares exceeding 5% of the company's paid-up share capital. The company disclosed this information to BSE Limited on April 9, 2026, in compliance with SEBI regulations.
Official Company Intimation
The company's intimation to BSE was signed by Mukesh Kumar Khanna, Company Secretary & Compliance Officer, confirming receipt of the substantial acquisition disclosure from Fortune Hands Growth Fund Scheme I. The fund, which is not part of the promoter group, has crossed the 5% threshold through market purchase transactions.
| Company Details | Information |
|---|---|
| Scrip Code | 544452 |
| CIN | U27101WB1996 PLC 079995 |
| Stock Exchange | BSE SME |
| Corporate Office | Vadodara, Gujarat |
Acquisition Transaction Details
Fortune Hands Growth Fund Scheme I acquired 10,000 shares carrying voting rights through market purchase on March 30, 2026. The acquisition represents 0.12% of the company's total share capital and voting rights.
| Parameter | Before Acquisition | Acquisition | After Acquisition |
|---|---|---|---|
| Shares Held | 4,00,000 | 10,000 | 4,10,000 |
| Percentage Holding | 4.90% | 0.12% | 5.02% |
| Voting Rights % | 4.90% | 0.12% | 5.02% |
Company Capital Structure
Swastika Castal Limited maintains a stable equity structure with consistent share capital before and after the acquisition.
| Capital Details | Specifications |
|---|---|
| Total Equity Share Capital | 81,64,000 shares |
| Face Value per Share | Rs. 10 |
| Total Voting Capital | 81,64,000 shares |
| Total Diluted Capital | 81,64,000 shares |
Regulatory Compliance Framework
The acquisition disclosure has been made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The formal intimation was filed from New Delhi by the authorized signatory of Fortune Hands Growth Fund Scheme I on April 9, 2026.
The fund's holding structure shows no encumbrances, pledges, voting rights through instruments other than equity shares, or convertible securities. The entire shareholding consists of equity shares carrying voting rights, with no warrants or other instruments in the portfolio.
Transaction Impact
The market purchase transaction establishes Fortune Hands Growth Fund Scheme I as a substantial shareholder in the BSE SME-listed company. The fund's total investment now represents 5.02% of both the total share capital and voting capital, adding to the institutional investor base of the aluminium casting company.
Historical Stock Returns for Swastika Castal
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.75% | -0.61% | +9.26% | -28.67% | -11.70% | -11.70% |
Will Fortune Hands Growth Fund Scheme I continue accumulating shares and potentially trigger the mandatory open offer threshold of 25%?
How might this institutional investment influence Swastika Castal's strategic decisions and expansion plans in the aluminium casting sector?
Could this acquisition signal broader institutional interest in BSE SME-listed manufacturing companies, particularly in the metals sector?




























