Promoter Acquisition and Disposal of Shares in Plastiblends India Ltd.
Plastiblends India Ltd. has seen shifts in its shareholding structure following transactions executed through the open market. The acquisition involved Persons Acting in Concert (PAC) associated with the promoter group, while Kolsite Corporation LLP completed a disposal of shares.The transactions took place between June 23, 2026, and June 25, 2026. Both acquisitions and disposals were carried out through the open market.
Acquisition Details
The acquisition involved promoter group entities including Varun Satyanarayan Kabra and Jyoti Varun Kabra. The individuals acquired a total of 1,68,200 shares, representing a holding increase corresponding to 0.65% (and 1.29%) of the target company’s capital.
Shareholding Changes
The acquisition and sale involved several key stakeholders. Before the transaction period, Kolsite Corporation LLP held 26,39,484 shares, representing 10.16% of the voting capital. Concurrently, Varun Satyanarayan Kabra held 77,28,553 shares, comprising 29.74% of the voting capital.
The data below details the holdings of several key entities before and after the acquisition/sale period:
| Shareholder Name | Holding Before Transaction (Shares) | Holding After Transaction (Shares) |
|---|---|---|
| Varun Satyanarayan Kabra | 77,28,553 | 78,96,753 |
| Jyoti Varun Kabra | 15,97,056 | 17,65,256 |
| Kolsite Corporation LLP | 26,39,484 | 23,03,084 |
| Satyanarayan Gopilal Kabra | 6,80,000 | 6,80,000 |
Post-Transaction Capital Status
The total equity share capital and voting capital of Plastiblends India Ltd. remained stable at the end of the transaction period. The company maintained a total of 259,89,200 Equity Shares of Rs. 5/- each before and after the acquisition/sale.
Following these activities, Kolsite Corporation LLP reported a reduction in its holding. For instance, Varun Satyanarayan Kabra’s stake increased from 77,28,553 shares to 78,96,753 shares, while Kolsite Corporation LLP’s holding adjusted to 23,03,084 shares.
PLASTIBLEN Stock Price Movement
Shares of Plastiblends India Limited are creeping up to ₹181.46 as of 1:22 PM, after gaining ₹0.31 or 0.17% in live trading. The stock has seen a volume of 11,859 shares traded during the active session thus far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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