Fortune Hands Growth Fund Scheme I Acquires Shares in Swastika Castal Ltd
Fortune Hands Growth Fund Scheme I has been reported to acquire shares in Swastika Castal Ltd. through a market purchase, as detailed in acquisition information concerning the target company.The details of the acquisition and the holdings of Fortune Hands Growth Fund Scheme I are presented below, providing a comparison of the holdings before and after the transaction.
According to the provided data, the acquiring entity, Fortune Hands Growth Fund Scheme I, is not classified as belonging to the Promoter or Promoter Group of Swastika Castal Ltd. Shares of the target company are listed on the BSE SME.
The transaction involved the acquisition of 10,000 shares carrying voting rights. This represented 0.12% of the total share/voting capital before the acquisition and 0.12% of the total diluted share/voting capital of Swastika Castal Ltd.
The total holding before the acquisition under consideration was 4,00,000 shares, representing 4.90% of the total share/voting capital and 4.90% of the total diluted share/voting capital. Following the acquisition, the holding increased to 4,10,000 shares, amounting to 5.02% of the total share/voting capital and 5.02% of the total diluted share/voting capital.
The details of the acquisition are summarized in the table below:
| Metric | Before Acquisition Holding | Acquisition Details | After Acquisition Holding |
|---|---|---|---|
| Shares Carrying Voting Rights | 4,00,000 (4.90%) | 10,000 (0.12%) | 4,10,000 (5.02%) |
The mode of acquisition employed was Market Purchase. The date of acquisition was recorded as 30/03/2026.
Regarding the capital structure of Swastika Castal Ltd., the equity share capital and total voting capital before the acquisition stood at 81,64,000 Shares of Rs. 10 each. After the said acquisition, the capital remained at 81,64,000 Shares of Rs. 10 each, and the total diluted share/voting capital was also reported as 81,64,000 Shares of Rs. 10 each.
Stock Price Movement
As of 9:37 AM, Swastika Castal Ltd is ticking down to ₹57.00, representing a 0.70% dip for shares. Across the board today, the stock is trading completely flat, maintaining a tight range between ₹57.00 and ₹57.00.Source:
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