Sunshield Chemicals has received a disclosure under Regulation 29(2) of SEBI Takeover Regulations regarding the substantial acquisition of shares by promoter Swarna Malhotra and persons acting in concert (PACs). The acquisition represents a marginal increase in the promoter group's shareholding through open market transactions.

Acquisition Details

The transaction involved the purchase of 1,701 equity shares by Swarna Malhotra through open market operations. The acquisition was completed over two trading sessions:

Shareholding Pattern Changes

The acquisition resulted in a modest increase in the total holding of Swarna Malhotra and PACs:

Promoter Group Composition

The promoter group consists of Swarna Malhotra as the acquirer and several PACs. The detailed shareholding breakdown after the acquisition shows:

Regulatory Compliance

The disclosure was filed in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company's equity share capital remains unchanged at Rs. 8,79,48,360 both before and after the acquisition. The shares are listed on BSE Limited under scrip code 530845.

Key Transaction Parameters

• Mode of Acquisition: Open Market
• Filing Date: March 12, 2026
• Stock Exchange: BSE Limited
• Promoter Group Status: Yes
• Encumbrances: Nil
• Convertible Securities: Nil

Sunshield Chemicals has received regulatory disclosures from promoter group members regarding recent equity share acquisitions under SEBI Takeover Regulations. The latest disclosure, filed on 10th March 2026, pertains to shares acquired by Swarna Malhotra on 9th March 2026 through open market purchase.

Latest Acquisition Details

Swarna Malhotra acquired 3,289 equity shares of Sunshield Chemicals Limited on 9th March 2026, representing 0.04% of the company's total share capital. This acquisition was executed through open market purchase, adding to her existing shareholding in the promoter group entity.

Updated Individual Holdings

Following this acquisition, Swarna Malhotra's shareholding increased from 61,887 shares to 65,176 shares, with her stake rising from 0.70% to 0.74% of the company. The disclosure shows updated holdings for other PAC members, with their positions remaining unchanged from the previous disclosure.

Combined PAC Holdings

Swarna Malhotra acts in concert with several entities as Persons Acting in Concert (PACs). The updated combined holding of the acquirer and PACs shows increased concentration following the latest acquisition:

Company Capital Structure

Sunshield Chemicals Limited's equity share capital remained unchanged at Rs. 8,79,48,360 before and after the acquisition. The company's shares are listed on BSE Limited with scrip code 530845. The disclosure confirms that Swarna Malhotra belongs to the promoter group of the company.

Regulatory Compliance

The disclosure has been filed in accordance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The filing confirms that no encumbrances, voting rights other than equity shares, or convertible securities were involved in this transaction.