The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ruchika Jain

Promoter sold over 1%Ownership Changes View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.8%Reaction day

₹46.90

prior close

₹46.86

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-1.9% vs market

Pharmaceuticals peers, median of 147sector-0.1%-1.7% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 1.7 pts less than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

-3.6

15m

-1.8

30m

+1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.8+0.1-1.9-0.1-1.7

Next day

-0.6-0.2-0.5-0.2-0.5

-0.7+0.3-1.1-0.2-0.5

+0.2+0.9-0.6+0.0+0.2

+1.3+0.8+0.5+0.0+1.3

-1.4+2.2-3.6+0.6-2.0

+1.0+3.4-2.4+1.4-0.5

15d

-1.3-0.8-0.5-3.0+1.7

-1.1+2.9-4.0+0.3-1.4

-6.6+0.8-7.5-0.4-6.2

+22.6+0.0+22.6-3.4+26.0

UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 147Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

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.

Likely market impact

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.