NSEDisclosure under SEBI Takeover Regulations2d ago · 29 Jul 2026, 06:25 pm

Disclosure under SEBI Takeover Regulations

Plastiblends India Limited · PLASTIBLEN

✦ AI SummaryPromoter Reclassif.

Varun S. Kabra and Jyoti Varun Kabra, promoters of Plastiblends India Limited, have submitted a disclosure under SEBI Takeover Regulations, indicating an inter-se transfer of shares between them, with Varun S. Kabra acquiring 23,02,084 shares from Kolsite Corporation LLP at market price, increasing his stake to 34.81%.

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 Varun S. Kabra has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.           

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Format for Disclosures under Regulation 10(5) – Intimation to Stock Exchanges in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 1. Name of the Target Company (TC) PLASTIBLENDS INDIA LIMITED 2. Name of the acquirer(s) Varun Satyanarayan Kabra Jyoti Varun Kabra 3. Whether the acquirer(s) is/ are promoters of Yes the TC prior to the transaction. If not, nature of relationship or association with the TC or its promoters 4. Details of the proposed acquisition a. Name of the person(s) from whom shares Kolsite Corporation LLP are to be acquired b. Proposed date of acquisition Any time after 4 working days from the date of this notice. c. Number of shares to be acquired from 23,02,084 each person mentioned in 4(a) above d. Total shares to be acquired as % of share 8.85 capital of TC e. Price at which shares are proposed to be At market price acquired f. Rationale, if any, for the proposed Inter-se Transfer between promoters by way transfer on market mode. Relevant sub-clause of regulation 10(1)(a) Regulations 10(1)(a)(ii) under which the acquirer is exempted from making open offer 5. If, frequently traded, volume weighted 179 average market price for a period of 60 trading days preceding the date of issuance of this notice as traded on the stock exchange where the maximum volume of trading in the shares of the TC are recorded during such period. 6. If in-frequently traded, the price as N.A. determined in terms of clause (e) of sub- regulation (2) of regulation 8. 7. Declaration by the acquirer, that the Yes acquisition price would not be higher by more than 25% of the price computed in point 6 or point 7 as applicable. 8. Declaration by the acquirer, that the I, the acquirer, hereby declare that the transferor and transferee have complied transferor and transferee have complied / will (during 3 years prior to the date of proposed comply with applicable disclosure acquisition) / will comply with applicable requirements in Chapter V of the SEBI disclosure requirements in Chapter V of the (Substantial Acquisition of Shares and Takeover Regulations, 2011 (corresponding Takeovers) Regulations, 2011. provisions of the repealed Takeover Regulations 1997) ii. The aforesaid disclosures made during previous 3 years prior to the date of proposed acquisition to be furnished. 9. Declaration by the acquirer that all the The conditions specified under Regulation conditions specified under regulation 10(1)(a) Regulations 10(1)(a)(ii) are complied with. with respect to exemptions has been duly complied with. 10. Shareholding details Before the After the proposed proposed transaction transaction No. of % w.r.t No. of % w.r.t shares total shares total /voting share /voting share rights capital rights capital of of TC TC  Acquirer(s) and PACs (other than sellers)(*)  Varun S. Kabra 78,96,753 30.38 90,47,795 34.81  Jyoti V. Kabra 17,65,256 6.79 29,16,298 11.22  PAC (other than sellers) 42,05,171 16.18 42,05,171 16.18  Seller (s)  Kolsite Corporation LLP 23,03,084 8.86 1000 0.01  Total Promoter holding 1,61,70,264 62.22 1,61,70,264 62.22 Note: • (*) Shareholding of each entity may be shown separately and then collectively in a group. • The above disclosure shall be signed by the acquirer mentioning date & place. In case, there is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers. Varun S. Kabra On behalf of all the acquirers Date :- 29/07/2026 Place :- Mumbai