BSEInsider Trading / SAST23 Jun 2026 · 23 Jun 2026, 11:07 am
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kolsite Corporation LLP & PACs
Plastiblends India Ltd-$ · 523648
✦ AI Summary
Kolsite Corporation LLP and Persons Acting in Concert (PACs) have disclosed an inter-se transfer of shares in Plastiblends India Ltd. Kolsite Corporation LLP sold 4,59,000 shares (1.77%) while Varun Satyanarayan Kabra and Jyoti Varun Kabra, also part of the promoter group, acquired 2,29,500 shares each (0.88% each). This transaction occurred via open market between June 17, 2026, and June 22, 2026. The overall promoter and PACs' holding in Plastiblends India Ltd remains unchanged at 62.81% post-transaction.
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Earnings Impact5/10
Growth Catalyst5/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk5/10
Liquidity Impact5/10
Market Sentiment5/10
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Plastiblends India Ltd-$ - 523648 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
1. Name of the Target Company (TC) PLASTIBLENDS INDIA LIMITED
2. Name(s) of the seller/acquirer and Persons Acting Seller
in Concert (PAC) with the acquirer Kolsite Corporation LLP
Acquirer
Varun Satyanarayan Kabra
Jyoti Varun Kabra
Persons Acting in Concert (PAC) with the
acquirer
Saritadevi Satyanarayan Kabra
Satyanarayan Gopilal Kabra
Shreevallabh Gopilal. Kabra
Anand Shreevallabh Kabra
Ekta Anand Kabra
Shiv Varun Kabra
Akshay Varun Kabra
Shreevallabh Kabra Family Trust
Kabra Extrusiontechnik Limited
3. Whether the acquire belongs to YES
Promoter/Promoter group
4. Name(s) of the Stock Exchange(s) where the BSE LTD AND NATIONAL STOCK EXCHANGE OF
shares of TC are Listed INDIA LIMITED
5. Details of the acquisition/disposal as follows Number % w.r.t. total % w.r.t. total
share/voting diluted
capital share/voting
wherever capital of the
applicable TC(*)
Before the acquisition / disposal under
consideration, holding of :
a) Shares carrying voting rights
Saritadevi Satyanarayan Kabra 20,87,118 8.03% 8.03%
Satyanarayan Gopilal Kabra 6,80,000 2.62% 2.62%
Varun Satyanarayan Kabra 74,99,053 28.85% 28.85%
Jyoti Varun Kabra 13,67,556 5.26% 5.26%
Shreevallabh Gopilal. Kabra 1,000 0.00% 0.00%
Anand Shreevallabh Kabra 4,000 0.02% 0.02%
Ekta Anand Kabra 4,000 0.02% 0.02%
Shiv Varun Kabra 1,00,000 0.38% 0.38%
Akshay Varun Kabra 1,00,000 0.38% 0.38%
Shreevallabh Kabra Family Trust 7,000 0.03% 0.03%
Kabra Extrusiontechnik Limited 13,76,519 5.30% 5.30%
Kolsite Corporation LLP 30,98,484 11.92% 11.92%
b) Shares in the nature of encumbrance N.A. N.A. N.A.
(pledge/ lien / non-disposal undertaking /
others)
c) Voting rights (VR) otherwise than by shares N.A. N.A. N.A.
d) Warrants / convertible securities / N.A. N.A. N.A.
any other instrument that entitles the
acquire to receive shares carrying voting
rights in the TC (specify holding in each
category)
e) Total (a + b + c + d) 1,63,24,730 62.81% 62.81%
Details of acquisition / sale
a) (i) Shares carrying voting rights acquired:
1. Varun Satyanarayan Kabra 2,29,500 0.88% 0.88%
2. Jyoti Varun Kabra 2,29,500 0.88% 0.88%
(ii) Shares carrying voting rights sold:
1. Kolsite Corporation LLP (4,59,000) (1.77%) (1.77%)
b) VRs acquired/sold otherwise than by shares N.A. N.A. N.A.
c) Warrants / convertible securities / N.A. N.A. N.A.
any other instrument that entitles the
acquirer to receive shares carrying voting
rights in the TC (specify holding in each
category) acquired/sold.
d) Shares encumbered/invoked/released by N.A. N.A. N.A.
acquirer
e) Total (a + b + c + d ) 0 0.00% 0.00%
After the acquisition / sale, holding of
a) Shares carrying voting rights
Saritadevi Satyanarayan Kabra 20,87,118 8.03% 8.03%
Satyanarayan Gopilal Kabra 6,80,000 2.62% 2.62%
Varun Satyanarayan Kabra 77,28,553 29.74% 29.74%
Jyoti Varun Kabra 15,97,056 6.15% 6.15%
Shreevallabh Gopilal. Kabra 1,000 0.00% 0.00%
Anand Shreevallabh Kabra 4,000 0.02% 0.02%
Ekta Anand Kabra 4,000 0.02% 0.02%
Shiv Varun Kabra 1,00,000 0.38% 0.38%
Akshay Varun Kabra 1,00,000 0.38% 0.38%
Shreevallabh Kabra Family Trust 7,000 0.03% 0.03%
Kabra Extrusiontechnik Limited 13,76,519 5.30% 5.30%
Kolsite Corporation LLP 26,39,484 10.16% 10.16%
b) Shares encumbered with the acquirer N.A. N.A. N.A.
c) VRs otherwise than by shares N.A. N.A. N.A.
d) Warrants / convertible securities/ N.A. N.A. N.A.
any other instrument that entitles the
acquirer to receive shares carrying voting
rights in the TC (specify holding in each
category) after acquisition
e) Total (a + b + c + d) 1,63,24,730 62.81% 62.81%
6. Mode of acquisition/ sale (e.g. open market / off- Open market
market/ public issue/ rights issue/ preferential
allotment/ inter-se transfer etc.)
7. Date of acquisition/sale of shares/VR or date of 17th June, 2026 to 22nd June, 2026.
receipt of intimation of allotment of shares,
whichever is applicable.
8. Equity share capital/total voting capital of the TC 259,89,200 Equity Shares of Rs. 5/- each.
before the said acquisition/sale
9. Equity share capital/total voting capital of the TC 259,89,200 Equity Shares of Rs. 5/- each.
after the said acquisition/sale
10. Total diluted share/voting capital of the TC after 259,89,200 Equity Shares of Rs. 5/- each.
the said acquisition/sale.
(*) 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.
On behalf of all Acquirer & Persons Acting in Concert (PAC)
Satyanarayan Gopilal Kabra
Place : Mumbai
Date : 22/06/2026