Swashthik Plascon Limited promoter group acquired 1,52,000 equity shares through open market purchases between September 17 and September 21, 2026. This transaction raises the combined promoter holding to 49.36% of the company's total voting capital.

The acquisition was executed by two primary promoters: Anita A purchased 97,600 shares on September 17, 2026, while Dharmendra Kumar P acquired 54,400 shares on September 21, 2026. The transaction falls under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Structure Before Acquisition

Prior to these purchases, the promoter group held a significant stake in the company. The following table details the pre-acquisition holdings:

The Persons Acting in Concert (PAC) included Umrao P, Ravindra Kumar P, Parasmal M, Krupa, Nirmala, Mahendra Kumar P, Aasha, and Ayushh.

Post-Acquisition Holdings

Following the open market purchases, the shareholding pattern reflects an increase in direct ownership by the two named acquirers. The PAC holdings remained unchanged during this period.

Transaction Details

The total equity share capital of Swashthik Plascon remains unchanged at 1,94,67,995 equity shares with a face value of ₹10 each. The mode of acquisition for all purchased shares was via the open market on the BSE Limited exchange. No warrants or convertible securities were involved in this specific disclosure.

The promoter group of Swashthik Plascon increased its stake in the company by 2.01%, acquiring 3,92,000 equity shares through open market purchases between August and September 2026.

This acquisition brings the promoter group’s total holding to 48.58% (94,58,077 shares), up from 46.57% prior to the transaction. The move was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Acquisition Details

The purchases were executed by four individual acquirers and their Persons Acting in Concert (PAC). The total share capital of Swashthik Plascon remained unchanged at 1,94,67,995 equity shares with a face value of ₹10 each.

Post-Acquisition Holding

Following the transactions, the combined holding of the acquirers and PACs stands as follows:

• Anita D: 14,22,800 shares (7.31%)
• Aasha: 13,94,633 shares (7.16%)
• Ayushh: 1,44,000 shares (0.74%)
• Dharmendra Kumar P: 1,06,000 shares (0.54%)
• PAC Group (E-J): 63,90,644 shares (32.83%)

The PAC group, comprising Umrao P, Ravindra Kumar P, Parasmal M, Krupa, Nirmala, and Mahendra Kumar P, did not participate in the new acquisitions but retains its existing voting rights.

What the Numbers Show

The acquisition consolidates control within the promoter circle without altering the company’s equity structure. The entire 2.01% increase came from direct open market purchases by key individuals in the promoter group, while the larger PAC block remained static, indicating a targeted accumulation by specific promoters rather than a broad-based group buy.