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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Ranjan Jain, a Promoter and Director of Syschem India Limited, sold 30,000 equity shares (0.069% of total share capital) through open market transactions between February 27 and March 2, 2026. His stake in the company decreased from 26,85,000 shares (6.17%) to 26,55,000 shares (6.10%). On a fully diluted basis, his holding moved from 4.75% to 4.69%. The disclosure was filed under Regulation 29(2) of SEBI SAST Regulations, 2011. No encumbrance, pledge, or off-market activity is involved.
The sale is very small in size and unlikely to impact the stock price. It is a routine promoter disclosure with no material change in control or shareholder concerns, though investors may keep an eye on any further selling activity.