Announced Tue, 1 Sept · 13:17 IST
New promoter group acquires 49.77 percent stake in Lippi Systems
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-8.9%1-day move
₹209.00
prior close
₹215.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-6.0-6.0-5.5-5.1-8.9-4.2+0.6+5.6+9.6+2.3————
Up moveDown movePending
AI summary
Five acquirers led by Vinesh Dholu bought 34,83,862 shares (49.76 percent) of Lippi Systems from the Agrawal family sellers through an off-market deal on Aug 26, 2026 under an SPA dated May 18, 2026. They also got 1,000 shares (0.01 percent) via the Open Offer, with another 85,107 shares (1.22 percent) still in process. The sellers have exited the promoter group and the acquirers are now the new promoters.
Likely market impact
Change of control at Lippi Systems. New promoter group now holds over 49 percent, which may affect strategy and governance.