Kolsite Corporation LLP, a promoter group entity, sold 4,59,000 shares of Plastiblends India Limited for ₹8.27 crore at ₹180.13 apiece through an open market transaction. This reduced their holding from 30,98,484 shares to 26,39,484 shares.
A specialty chemicals manufacturer established in 1991, Plastiblends India produces masterbatches for the plastics industry. The company specializes in color masterbatches, additive masterbatches, and engineering plastic compounds used across packaging, automotive, consumer goods, and industrial applications. Its vertical integration, technical expertise, and focus on customized polymer solutions for diverse end-use sectors distinguish it in the domestic masterbatch market.
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