The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ranjan Jain
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Awaiting price reaction for this filing.
Ranjan Jain, Promoter and Director of Syschem India Ltd, sold 1,05,000 equity shares (0.24% of total share capital) through open market between 24-Feb-2026 and 26-Feb-2026. His stake in the company dropped from 27,90,000 shares (6.41%) to 26,85,000 shares (6.17%) after the sale. No encumbrance (pledge) was created or released as part of this transaction. The total equity share capital of the company remains unchanged at 4,35,13,000 shares of Rs. 10 each. The disclosure was filed with BSE on 27-Feb-2026 under Regulation 29(2) of SEBI (SAST) Regulations, 2011.
A small promoter sell-down in the open market; the reduction in promoter holding is marginal (around 0.24%) and unlikely to materially affect stock price, though it signals some promoter profit-booking. Existing shareholders should monitor if further sales follow.