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

+2.2%Reaction day

₹43.70

prior close

₹43.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+1.6% vs market

Pharmaceuticals peers, median of 148sector+0.4%+1.8% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 1.8 pts more 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

-0.7

10m

-0.7

15m

+1.1

30m

+1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.2+0.6+1.6+0.4+1.8

Next day

+0.7+0.5+0.2+0.3+0.3

+5.7+0.8+4.9+0.5+5.2

+8.2+1.2+7.1+1.0+7.3

+7.3+1.5+5.9+0.6+6.7

+5.4+1.6+3.8-0.1+5.5

+6.5+1.8+4.7+0.1+6.4

15d

+5.9+3.3+2.6+1.5+4.4

+5.9+3.1+2.8-1.2+7.2

+3.0+2.3+0.7+0.6+2.4

+32.2+0.2+32.0-1.8+33.9

UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 148Pending

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

AI summary

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.

Likely market impact

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.