The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shreeram Bagla

Creeping acquisition near the thresholdOwnership Changes View source PDF Explain this filing

LCCINFOTEC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.7%Reaction day

₹5.85

prior close

₹5.78

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-2.6% vs market

Education peers, median of 10sector-0.5%-2.3% vs sector

On the reaction day the stock moved 2.6 pts less than Nifty Microcap 250 and 2.3 pts less than its Education peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-4.8

10m

-2.2

15m

-2.2

30m

-3.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.7-0.1-2.6-0.5-2.3

Next day

-3.9+0.5-4.5+1.0-4.9

-6.5+1.1-7.6+1.0-7.5

-6.5+1.0-7.5+0.7-7.2

-10.3+1.4-11.6+2.9-13.2

-12.1+1.7-13.9+1.8-13.9

-14.7+2.1-16.8+1.9-16.6

15d

—+3.9—-1.9—

-9.2+1.2-10.4-4.0-5.2

-32.5+6.7-39.2-9.7-22.8

-22.7+2.7-25.4-7.1-15.6

UpDownMarket · Nifty Microcap 250Sector · Education peers, median of 10Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shreeram Bagla has acquired 71,30,000 equity shares (5.63%) of LCC Infotech Ltd through an off-market sale by way of takeover, between May 19 and May 20, 2025. Before this acquisition, Bagla held just 8,975 shares (0.0007%), and post-acquisition his holding stands at 71,38,975 shares, representing 5.64% of the total equity capital of 12,65,93,350 shares (face value Rs. 2 each). The acquirer is not part of the promoter or promoter group of the company. The disclosure was filed under Regulation 29(1) of SEBI (SAST) Regulations, 2011, which is triggered when a non-promoter crosses the 5% ownership threshold in a listed company.

Likely market impact

This is a significant change in the shareholder base of LCC Infotech, with a single non-promoter entity now holding over 5% of the company. Shareholders should monitor for any further acquisitions by Bagla, as crossing the 5% mark triggers ongoing disclosure obligations and may indicate a larger strategic interest in the company.