The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ramco Management Pvt Ltd
RAMCOSYS · price
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Ramco Management Private Limited, part of the promoter/promoter group of Ramco Systems Limited, purchased 10,20,000 equity shares through the open market on 03-02-2026. Before this acquisition, the entity held just 300 shares (negligible stake); after the purchase, its holding stands at 10,20,300 shares, representing 2.73% of the company's total share/voting capital. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011, indicating the promoter group's intent to increase its stake in the company. The acquisition was funded via open market purchases on BSE and NSE.
This signals promoter group confidence in the company, as they have voluntarily raised their stake by 2.73% through open market buying. Such promoter buying is generally viewed positively by retail investors and may support the stock price in the short term.