The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ruchika Jain
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ruchika Jain, a promoter of Syschem India Ltd, sold 60,000 equity shares (0.14% of total share capital, 0.11% of diluted capital) through the open market on 30th May 2025. Her holding reduced from 13,50,000 shares (3.10% of total) to 12,90,000 shares (2.96% of total). The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Syschem's total equity capital is Rs.43.51 crore divided into 4.35 crore shares of Rs.10 each. The transaction was a routine open market sale with no encumbrance or pledge activity involved.
This is a small promoter exit of just 0.14% of company shares, unlikely to move the stock price meaningfully. Investors should monitor for any further promoter selling, as repeated small sales could indicate reduced promoter confidence over time.