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 Ltd, has sold 75,336 equity shares (0.17% of total share capital) in the open market between May 22 and May 23, 2025. His holding has reduced from 30,75,336 shares (7.07%) to 30,00,000 shares (6.89%) of the company. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations. The total equity capital of the company remains 4,35,13,000 shares of Rs. 10 each.
A small reduction in promoter's stake from 7.07% to 6.89% through open market selling. While the quantum is minor, continued promoter selling could be a mild negative sentiment signal for retail investors watching insider activity.