Announced Mon, 13 Apr · 15:43 IST
Invests Rs 35 Cr in Wholly Owned Broking Subsidiary via Rights Issue
SYSTMTXC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹71.05
prior close
₹72.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.8+2.6+0.0+1.1-2.3+2.8+0.0+2.7+2.8+2.0-3.6-6.0-4.6-10.4
Up moveDown movePending
AI summary
Systematix Corporate Services invested Rs 35.00 crore in its wholly owned subsidiary SSSIL via a rights issue, subscribing to 17.5 lakh equity shares at Rs 200/share (Rs 10 face value + Rs 190 premium). SSSIL, a SEBI-registered broking entity with BSE/NSE/MCX/NCDEX memberships, had FY25 turnover of Rs 68.42 crore. SSSIL remains 100% WOS—no change in shareholding. Investment is for working capital, funded from an Oct 2024 preferential issue.
Likely market impact
Capital infusion into core broking subsidiary to support working capital; ownership and shareholding structure unchanged.