Swasthik Plascon: Acquirer Sells 7.21% Stake

Shreyansh Mehta and Simran Sureshchand, part of the acquirer group, have collectively sold 7.21% of their shareholding in Swasthik Plascon Limited. The transaction involved the sale of 14,04,599 shares. Prior to this sale, the acquirer’s holding was 7.21%, and after the sale, it has reduced to 4.77%, totaling 9,27,799 shares.

Share Sale Details

Shreyansh Mehta and Simran Sureshchand, acting as part of the acquirer group, have undertaken a significant sale of shares in Swasthik Plascon Limited. The transaction involved a total of 14,04,599 equity shares, representing 7.21% of the total diluted share/voting capital of the company before the sale. This sale was executed through the open market.

Holding Before and After Sale

Before the acquisition/sale, the total holding of the acquirer group (including PACs C & D, Arihanth Mehta and Sujata Mehta) was 7.21%, amounting to 14,04,599 shares. Following the sale, the holding has been reduced to 4.77%, with the remaining number of shares held by the acquirer group standing at 9,27,799.

Specific Transactions

The sale involved multiple tranches. On 5th August 2026, 48,000 equity shares were sold by Shreyansh Mehta. On the same date, another 48,000 equity shares were sold by Shreyansh Mehta. On 10th August 2026, Shreyansh Mehta sold 88,000 equity shares. Simran Sureshchand sold 99,200 equity shares on 26th August 2026, followed by another sale of 96,000 equity shares on 31st August 2026. The final sale reported was 97,600 equity shares by Simran Sureshchand on 8th September 2026.

Company Capitalization

The equity shares capital and total voting capital of Swasthik Plascon Limited before the said transaction was 1,94,67,995 equity shares of face value of Rs. 10/- each. The capitalization remained the same after the transaction.

Source: BSE

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