An update regarding the acquisition of shares in Swasthik Plascon Limited reveals significant movements within the promoter group and by an identified acquirer. This disclosure details changes in voting rights and shareholdings, impacting the total share capital of the company. The acquisition, primarily through open market purchases, has led to a revised holding percentage for the involved parties, aligning with substantial acquisition regulations.
Share Acquisition Details for Swasthik Plascon
This disclosure outlines the acquisition of shares and voting rights in Swasthik Plascon Limited, detailing the parties involved and the nature of the transaction. The acquirers and persons acting in concert (PAC) include Anita, Aasha, Ayushh, Dharmendra Kumar P, and a group identified as PAC (E to J) comprising Umrao P, Ravindra Kumar P, Parasmal M, Krupa, Nirmala, and Mahendra Kumar P. The target company’s shares are listed on the BSE Limited.
Pre-Acquisition Holdings
Before the recent acquisition, the total shareholding with voting rights was 90,66,077 shares, representing 46.57% of the total capital. This included various categories such as shares carrying voting rights (represented by individuals A, B, C, and D, totaling 13,54,000 shares and 6.94% of the capital), shares in encumbrance, and other forms of voting rights. The PAC (E to J) held 63,90,644 shares (32.83%).
Post-Acquisition Holdings
Following the acquisition, the total holding of shares carrying voting rights has increased to 94,58,077 shares, now representing 48.58% of the total capital. This includes a consolidated holding of 14,22,800 shares (7.31%) for individual acquirers A, B, C, and D, and the PAC (E to J) holding 63,90,644 shares (32.83%). The acquisition was primarily conducted through purchases of equity shares from the open market.
Specific Transaction Details
Individual purchases include:
- Anita D: Purchased 99,200 shares on August 25, 2026, and another 97,600 shares on September 8, 2026.
- Asha Jain: Purchased 43,200 Equity Shares on September 11, 2026.
- Ayushh: Purchased 96,000 Equity shares on September 1, 2026.
- Dharmendra Kumar P: Purchased 56,000 Equity shares on September 11, 2026.
The total equity shares capital and total voting capital of the target company before and after the transaction remain 1,94,67,995 Equity Shares of face value Rs. 10/- each.
Source: BSE
