BSEInsider Trading / SAST3 Sept 2026 · 3 Sept 2026, 10:55 am
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Swarna Malhotra & PACs
Sunshield Chemicals Ltd · 530845
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Sunshield Chemicals Ltd has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, regarding the acquisition of equity shares by Swarna Malhotra and persons acting in concert, increasing their holding to 66.56%.
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Sunshield Chemicals Ltd - 530845 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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Swarna Malhotra
3rd September 2026
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort,
Mumbai- 400001
Ref.: BSE Scrip Code: 530845
Sub: Filing of report under Regulation 29(2) of the Securities and Exchange Board of India
(Substantial Acquisition of Shares and Takeover) Regulations, 2011, as amended (“SEBI Takeover
Regulations”)
Dear Sir/Ma’am,
Please find attached the disclosure in the format prescribed under Regulation 29(2) of SEBI (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011 in respect of acquisition of equity shares of
Sunshield Chemicals Limited by undersigned along with person acting in concert.
We request you to take the disclosure on records.
Mrs. Swarna Malhotra
Place: Mumbai
604, Sai Samman 28 29, Union Park, Chembur Mumbai 400071
Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Name of the Target Company (TC) Sunshield Chemicals Limited
Name(s) of the acquirer and Persons Acting in Concert Acquirer: Swarna Malhotra
(PAC) with the acquirer PAC:
Indus Petrochem Limited
Coppersmith Energies and Project Private Limited
Sudhir Malhotra
Jeet Malhotra
Whether the acquirer belongs to Promoter/ Promoter Yes
group
Name(s) of the Stock Exchange(s) where the shares of BSE Limited (“BSE”)
TC are Listed
Details of the acquisition as follows Number % w.r.t. total % w.r.t. total
share/ voting diluted share/
capital wherever voting capital of
applicable (*) the TC (**)
Before the acquisition under consideration, holding of acquirer along with PACs of:
a) Shares carrying voting rights
Swarna Malhotra 88,867 1.01 1.01
Indus Petrochem Limited 54,84,493 62.36 62.36
Coppersmith Energies and Project Private Limited 2,77,973 3.16 3.16
Sudhir Malhotra 837 0.01 0.01
Jeet Malhotra 1505 0.02 0.02
b) Shares in the nature of encumbrance (pledge/ lien/ non- Nil Nil Nil
disposal undertaking/ others)
c) Voting rights (VR) otherwise than by equity shares
Nil Nil Nil
d) Warrants/convertible securities/any other Nil Nil Nil
instrument that entitles the acquirer to receive shares
carrying voting rights in the TC (specify holding in each
category)
e) Total (a+b+c+d) 58,53,675 66.56 66.56
a) Shares carrying voting rights acquired
Swarna Malhotra 242 0.00 0.00
b) VRs acquired otherwise than by equity shares Nil Nil Nil
c)Warrants/convertible securities/any other instrument Nil Nil Nil
that entitles the acquirer to receive shares carrying
category) acquired
d) Shares in the nature of encumbrance (pledge/ lien/ Nil Nil Nil
non-disposal undertaking/ others)
e) Total (a+b+c+/-d) 242 0.00 0.00
After the acquisition, holding of acquirer along with PACs of:
a) Shares carrying voting rights
Swarna Malhotra 89,109 1.01 1.01
Indus Petrochem Limited 54,84,493 62.36 62.36
Coppersmith Energies and Project Private Limited 2,77,973 3.16 3.16
Sudhir Malhotra 837 0.01 0.01
Jeet Malhotra 1505 0.02 0.02
b) VRs otherwise than by equity shares Nil Nil Nil
c) Warrants/convertible securities/any other instrument
that entitles the acquirer to receive shares carrying Nil Nil Nil
voting rights in the TC (specify holding in each category)
after acquisition
d) Shares in the nature of encumbrance (pledge/ lien/ Nil Nil Nil
non-disposal undertaking/ others)
e) Total (a+b+c+d) 58,53,917 66.56 66.56
Mode of acquisition (e.g. open market / public issue / Open Market
rights issue / preferential allotment / inter-se
transfer/encumbrance, etc.)
Salient features of the securities acquired including Not Applicable
time till redemption, ratio at which it can be converted
into equity shares, etc.
Date of acquisition of/ date of receipt of intimation of 2nd September 2026
allotment of shares / VR/ warrants/convertible
securities/any other instrument that entitles the acquirer
to receive shares in the TC.
Equity share capital / total voting capital of the TC Rs. 8,79,48,360
before the said acquisition
Equity share capital/ total voting capital of the TC after Rs. 8,79,48,360
the said acquisition
Total diluted share/voting capital of the TC after the Rs. 8,79,48,360
said acquisition
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under
Clause 35 of the listing Agreement.
(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding
convertible securities/warrants into equity shares of the TC.
Swarna Malhotra
Place: Mumbai
Date: 03.09.2026