The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sidharth Lakhotia

Promoter sold over 1%Promoter holding below 50%Ownership 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

Promoter Sidharth Lakhotia has sold his entire holding of 71,30,000 shares (5.63% of total equity capital) in LCC Infotech Ltd through an off-market share purchase agreement dated 24 July 2024, with the transaction executed on 19 and 20 May 2025. Before the sale, he held 71,30,000 shares (5.63%); after the sale, his holding stands at Nil, meaning he has completely exited the company. The company has a total equity share capital of 12,65,93,350 shares of Rs. 2 each. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, 2011, as is mandatory when a promoter crosses disclosure thresholds.

Likely market impact

This is a complete exit by a promoter, which may signal lack of confidence and could weigh negatively on retail investor sentiment. Existing shareholders should monitor for any new promoter or large acquirer stepping in, as the change in ownership could affect future strategic direction.