BSESyschem India LtdHighNegative
Announced Mon, 23 Feb · 12:35 IST

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

Ownership Changes View source PDF

Price

Loading chart…

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter and Director Ranjan Jain sold 50,000 equity shares of Syschem India Ltd (BSE: 531173) through open market transactions between 19 February and 20 February 2026. The sale represents 0.11% of the total share capital and 0.09% on a diluted basis. Post-sale, Jain's holding stands at 27,90,000 shares, or 6.41% of paid-up capital (4.93% on diluted basis), down from 6.52% (5.02% diluted) prior to the transaction. The disclosure was filed under Regulation 29(2) of SEBI's SAST Regulations 2011, as Jain is part of the promoter group. The company's total equity capital is Rs 43.51 crore (4.35 crore shares of Rs 10 each).

Likely market impact

The sale is very small in scale and unlikely to materially affect stock price or promoter control. However, retail investors should monitor if additional promoter sales follow, as a pattern of promoter selling can be a cautious signal.