Swashthik Plascon disclosed that Shreyansh Mehta and Simram Sureshchand sold 4,76,800 equity shares through the open market between August 5 and September 8, 2026. The transaction represents a 2.45% reduction in the total voting capital of the company.

The sellers, acting on behalf of a Persons Acting in Concert (PAC) group that includes Arihanth Mehta and Sujata Mehta, reduced their combined stake from 7.21% to 4.77%. The sale was executed in six separate tranches over three weeks.

Transaction Details

The open market sales were conducted as follows:

• August 5, 2026: Shreyansh Mehta sold 96,000 shares (two blocks of 48,000)
• August 10, 2026: Shreyansh Mehta sold 88,000 shares
• August 26, 2026: Simram Sureshchand sold 99,200 shares
• August 31, 2026: Simram Sureshchand sold 96,000 shares
• September 8, 2026: Simram Sureshchand sold 97,600 shares

Post-Transaction Holdings

Following the sales, the individual holdings of the sellers adjusted significantly. Shreyansh Mehta’s stake fell from 1.43% to 0.48%, while Simram Sureshchand’s holding decreased from 2.80% to 1.30%.

The PAC members Arihanth Mehta and Sujata Mehta retained their encumbered stake of 5,81,021 shares, representing 2.98% of the total voting capital. This portion remains subject to pledge or lien.

Regulatory Disclosure

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company’s total equity share capital remains unchanged at 1,94,67,995 shares with a face value of ₹10 each. The filing was dated September 10, 2026, from Chennai.

Swashthik Plascon has scheduled its 15th Annual General Meeting (AGM) for September 23, 2026. The Board fixed September 16, 2026, as the record date to determine shareholder eligibility. The meeting will convene at the company's registered office in Pudukcherry.

The Board approved the notice during its meeting on August 24, 2026. Shareholders can participate via remote e-voting or physical ballot papers under the supervision of M/s Dilip Swarnkar & Associates, appointed as the scrutinizer.

Key Agenda Items

The AGM will address both ordinary and special business matters. Ordinary business includes the adoption of audited standalone and consolidated financial statements for FY26 and the re-appointment of Mr. Parasmal Ravindra Kumar as a director.

Special business focuses on approving related party transactions for FY27 with five entities:

Voting Process

Remote e-voting will be available from September 20, 2026, at 9:00 am to September 22, 2026, at 5:00 pm. Shareholders holding shares on the record date can cast votes electronically through NSDL or CDSL platforms. Physical attendees must submit attendance slips at the venue.

Swashthik Plascon Limited operates in the plastic components sector and is listed on the BSE SME Platform.