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.

Krupa, daughter of Mahendra Kumar P, has acquired 4,65,000 equity shares in Swashthik Plascon Limited through a gift deed transaction, as disclosed under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition represents 2.39% of the company's total share capital and was completed as an inter-se transfer within the promoter group.

Transaction Overview

The share transfer was executed on March 27, 2026, with Krupa receiving the equity shares without consideration from promoter Mahendra Kumar P. The transaction qualifies for exemption from open offer requirements under Regulation 10(1)(a)(i) of SEBI SAST Regulations, being an inter-se transfer among promoter group members.

Shareholding Pattern Changes

The transaction resulted in a redistribution of shareholding within the promoter group while maintaining the overall group holding. Krupa's shareholding increased from zero to 2.39%, while Mahendra Kumar P's individual holding decreased correspondingly.

Regulatory Compliance

Krupa filed the mandatory disclosure with BSE Limited on March 30, 2026, confirming compliance with SEBI regulations. The disclosure indicates that the required pre-transaction notification under Regulation 10(5) was submitted to BSE on March 18, 2026, adhering to the specified timeline requirements.

The transaction maintains the existing promoter group structure of Swashthik Plascon Limited, with shares listed on BSE Limited. The inter-se transfer ensures continued promoter group control while redistributing individual shareholding patterns within the group.