Swarna Malhotra Acquires Additional 3,289 Shares in Sunshield Chemicals

2 min read     Updated on 10 Mar 2026, 10:52 AM
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Reviewed by
Naman SScanX News Team
Overview

Swarna Malhotra has acquired an additional 3,289 equity shares of Sunshield Chemicals Limited through open market purchase on 9th March 2026, as disclosed under SEBI Takeover Regulations. Her individual shareholding increased from 61,887 shares (0.70%) to 65,176 shares (0.74%), while the combined holding of all Persons Acting in Concert rose to 58,28,844 shares representing 66.28% of the company's total share capital.

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*this image is generated using AI for illustrative purposes only.

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.

Parameter: Details
Shares Acquired: 3,289
Acquisition Mode: Open Market
Date of Acquisition: 9th March 2026
Percentage of Total Capital: 0.04%

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.

Entity: Before Acquisition After Acquisition Change
Swarna Malhotra: 61,887 (0.70%) 65,176 (0.74%) +3,289
Jeet Malhotra: 365 (0.00%) 365 (0.00%) No change
Sudhir Malhotra: 837 (0.01%) 837 (0.01%) No change

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:

Entity: Shares Held Percentage
Indus Petrochem Limited: 54,84,493 62.36%
Coppersmith Energies and Project Private Limited: 2,77,973 3.16%
Swarna Malhotra: 65,176 0.74%
Sudhir Malhotra: 837 0.01%
Jeet Malhotra: 365 0.00%
Total Combined Holding: 58,28,844 66.28%

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.

Historical Stock Returns for Sunshield Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
+2.44%-0.24%-8.99%-20.69%+4.06%+275.65%

Sunshield Chemicals: Swarna Malhotra Files Regulatory Disclosure for Share Acquisition

1 min read     Updated on 02 Mar 2026, 10:34 AM
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Reviewed by
Radhika SScanX News Team
Overview

Mrs. Swarna Malhotra has filed a regulatory disclosure under SEBI takeover regulations for acquiring 100 equity shares of Sunshield Chemicals Limited through open market operations on February 27, 2026. The promoter group's total holding increased to 58,14,699 shares, representing 66.11% of the company's equity capital.

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*this image is generated using AI for illustrative purposes only.

Mrs. Swarna Malhotra has filed a regulatory disclosure under SEBI takeover regulations following her acquisition of equity shares in Sunshield Chemicals Limited. The latest filing dated March 2, 2026, details the purchase of 100 equity shares through open market operations on February 27, 2026.

Latest Acquisition Details

The disclosure filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 provides comprehensive details of the recent share acquisition:

Parameter: Details
Acquirer: Mrs. Swarna Malhotra
Shares Acquired: 100 equity shares
Acquisition Date: February 27, 2026
Mode of Acquisition: Open Market
Promoter Status: Yes

Current Shareholding Pattern

The filing reveals the detailed shareholding structure of Mrs. Malhotra and her Persons Acting in Concert (PAC) before and after the latest transaction:

Before Latest Acquisition:

Entity: Number of Shares Percentage
Swarna Malhotra: 51,296 0.58%
Indus Petrochem Limited: 54,84,493 62.36%
Coppersmith Energies and Project Private Limited: 2,77,973 3.16%
Sudhir Malhotra: 837 0.01%
Total Group Holding: 58,14,599 66.11%

After Latest Acquisition:

Entity: Number of Shares Percentage
Swarna Malhotra: 51,396 0.58%
Indus Petrochem Limited: 54,84,493 62.36%
Coppersmith Energies and Project Private Limited: 2,77,973 3.16%
Sudhir Malhotra: 837 0.01%
Total Group Holding: 58,14,699 66.11%

Persons Acting in Concert

The disclosure identifies the following entities as Persons Acting in Concert with Mrs. Swarna Malhotra:

  • Indus Petrochem Limited
  • Coppersmith Energies and Project Private Limited
  • Sudhir Malhotra

The group collectively belongs to the promoter category and maintains significant control over Sunshield Chemicals Limited.

Company Share Capital

The equity share capital of Sunshield Chemicals Limited remains unchanged at Rs. 8,79,48,360 both before and after this acquisition. The company's shares are listed on BSE Limited.

Regulatory Compliance

The acquisition has been properly disclosed in accordance with SEBI regulations, with Mrs. Malhotra filing the required documentation on March 2, 2026. The disclosure confirms that no encumbrances, warrants, or convertible securities were involved in this transaction, and no voting rights were acquired through instruments other than equity shares.

Historical Stock Returns for Sunshield Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
+2.44%-0.24%-8.99%-20.69%+4.06%+275.65%

More News on Sunshield Chemicals

1 Year Returns:+4.06%