Swasthik Plascon Limited has submitted a formal clarification to the BSE SME Platform regarding recent price movements in its shares, confirming regulatory compliance and attributing the fluctuations to market-driven factors.

Regulatory Compliance Confirmation

In response to BSE's inquiry dated April 08, 2026, Swasthik Plascon Limited confirmed its adherence to regulatory requirements. The company stated it remains in full compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Management's Position on Price Movement

The company's management clarified that the observed price movements are purely market-driven and connected to general market conditions. Swasthik Plascon emphasized that its management is not connected to any such price fluctuations, distancing itself from speculation about internal factors driving the share price changes.

Ongoing Disclosure Commitment

Swasthik Plascon reaffirmed its commitment to transparency and regulatory compliance. The company assured that it will continue to inform the Stock Exchange about any material information as required under the SEBI regulations. This commitment demonstrates the company's dedication to maintaining proper disclosure standards for its stakeholders.

Corporate Information

The clarification was signed by Managing Director Mahendrakumar Gautam (DIN: 10314526) and submitted to BSE SME Platform's Department of Corporate Services. The company, formerly known as Swasthik Caps Pvt. Ltd., operates from its facility at PIPDIC Electronic Park in Puducherry and maintains its listing on the BSE SME Platform under company code 544035.

Krupa Mahendra Kumar has completed the acquisition of a significant stake in Swashthik Plascon Limited, filing the mandatory regulatory report with SEBI under the substantial acquisition regulations. The transaction represents a notable investment in the company listed on BSE Limited.

Acquisition Details

The share acquisition was completed on March 27, 2026, with comprehensive regulatory compliance maintained throughout the process. The transaction involved the purchase of equity shares from existing shareholders.

Shareholding Pattern Changes

The acquisition resulted in a significant change in the shareholding structure of Swashthik Plascon Limited. Krupa Mahendra Kumar's position moved from zero holdings to a substantial stake in the company.

Regulatory Compliance

The acquirer has maintained strict adherence to SEBI regulations throughout the acquisition process. All mandatory filings and notifications were completed within the prescribed timeframes.

Key Compliance Milestones

• Pre-acquisition Report: Filed with stock exchanges on March 18, 2026 (at least 4 working days before acquisition)
• Post-acquisition Report: Filed with stock exchanges on March 30, 2026 (within 4 working days of acquisition)
• SEBI Report: Filed on April 8, 2026 (within 21 working days of acquisition)

Company Information

Swashthik Plascon Limited is headquartered at No. A75 - A76, Pipdic Electronic Park, Thirubuvana, Mannadipet Commune, Puducherry, Pondicherry, India, 605107. The company's shares are listed on BSE Limited, providing liquidity and transparency for investors.

The acquirer, Krupa D/o Mahendra Kumar, is based in Chennai, Tamil Nadu, and has been classified as part of the promoter group following this acquisition. The transaction was completed under the exemption provisions of Regulation 10(1)(a)(iii) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with all required fees and documentation submitted to the regulatory authorities.