Promoters of Plastiblends India Limited have increased their shareholding through open market acquisitions, while a group entity reduced its stake. Varun Satyanarayan Kabra and Jyoti Varun Kabra acquired 2,29,500 shares each, aggregating to 4,59,000 shares. Conversely, Kolsite Corporation LLP disposed of 4,59,000 shares during the same period. These transactions occurred between June 17 and June 22, 2026.

The disclosures were made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirers belong to the promoter group, with Persons Acting in Concert (PAC) including family members and Kabra Extrusionstechnik Limited. The mode of transaction was the open market.

Shareholding Details

The total equity share capital of Plastiblends India Limited stands at 259,89,200 equity shares of ₹5 each. Prior to the transaction, the promoter group held 62.81% of the total share capital. Post-transaction, the aggregate holding of the acquirers and PAC remains unchanged at 1,63,24,730 shares, representing 62.81% of the total paid-up share capital.

Holding Pattern Post-Transaction

The filing was signed by Satyanarayan Gopilal Kabra on behalf of all acquirers and Persons Acting in Concert. The shares of Plastiblends India Limited are listed on BSE Ltd and National Stock Exchange of India Limited.

Plastiblends India Limited has informed the stock exchanges that its promoters, promoter group, and persons acting in concert (PAC) have not created any encumbrance on the equity shares held by them during the financial year ended March 31, 2026. This declaration was submitted to BSE Limited and the National Stock Exchange of India Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

The confirmation, dated April 03, 2026, was signed by Promoter Satyanarayan G. Kabra on behalf of the promoters, promoter group, and PAC. The filing explicitly states that no direct or indirect encumbrance was made on the shares of plastiblends held by these entities throughout the specified financial year.

Details of Promoters and PAC

The disclosure included a comprehensive list of individuals and entities classified as promoters or part of the promoter group and PAC. The table below outlines the names and their respective classifications as provided in the regulatory filing.

The document was addressed to the Department of Corporate Services at BSE Limited and the Corporate Relation Department at the National Stock Exchange of India Limited. A copy of the disclosure was also forwarded to the Audit Committee of Plastiblends India Limited.