An acquirer has significantly increased their stake in Swasthik Plascon Limited, acquiring 48.58% of the total share capital. This substantial acquisition includes 94,58,077 shares before the transaction and 96,10,077 shares after the recent purchase of equity shares from the open market. The transaction involved individual purchases by Anita and Dharmendra Kumar P, among others, altering the company’s ownership landscape.
Significant Share Acquisition in Swasthik Plascon
A notable shift in the ownership of Swasthik Plascon Limited has occurred with a substantial acquisition of its shares. The acquirer, along with Persons Acting in Concert (PAC), has increased their holding in the company, now representing a significant portion of the total voting capital.
Pre-Acquisition Holdings
Before the recent transaction, the acquirer’s group held a considerable number of shares. This included 14,22,800 shares (7.31%) categorized as shares carrying voting rights, and 1,06,000 shares (0.54%) classified under encumbrance. Additionally, PAC members held 79,29,277 shares (40.73%). In total, the group’s consolidated holding before this action stood at 94,58,077 shares, representing 48.58% of the total share capital.
Details of Recent Acquisition
The recent acquisition involved the purchase of equity shares from the open market. Individual transactions include Anita purchasing 97,600 equity shares on 17-09-2026, and Dharmendra Kumar P purchasing 54,400 equity shares on 21-09-2026. Furthermore, shares classified as encumbered (pledge/lien/non-disposal) increased to 1,60,400 shares (0.82%) after the transaction. The total number of shares carrying voting rights after the acquisition amounts to 15,20,400 shares (7.81%) by Anita and Dharmendra Kumar P, and the PAC group continues to hold 79,29,277 shares (40.73%).
Post-Acquisition Stake
Following these acquisitions, the total holding of the acquirer and PAC in Swasthik Plascon Limited has reached 96,10,077 shares, accounting for 49.36% of the total equity share capital. The total voting rights held by the group, including those otherwise than by equity shares, remain at 49.36%.
Capital Structure
The equity share capital of Swasthik Plascon Limited before and after the said transaction remains unchanged at 1,94,67,995 equity shares, each with a face value of Rs. 10/-.
Source: BSE