BSEMy Money Securities LtdMediumNeutral
Announced Wed, 3 Jun · 14:49 IST

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

Ownership Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
-0.1%1-day move
₹43.94
prior close
₹43.97
base price
In-mkt
timing
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+0.0+0.0+0.0+0.0-0.1-6.6-7.5-6.5-5.0-9.0-11.0
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AI summary

Promoter Mrs. Rajni Seth has acquired 1,37,050 equity shares (face value ₹10 each) of My Money Securities Ltd by way of transmission following the demise of her husband, Late Mr. Govind Narain Seth, who was also a Promoter. This has increased her shareholding from 7,90,300 shares (4.70%) to 9,27,350 shares (5.52%), crossing the 5% disclosure threshold. The acquisition is exempt from the Takeover Code as it is by way of succession/inheritance, and involves no market purchase or sale. The total promoter and promoter group shareholding remains unchanged.

Likely market impact

This is a routine inheritance-driven transmission within the promoter family and not a market transaction. It should be neutral for shareholders as the promoter group's overall stake is unchanged and no open offer is triggered.