Nikhil Khandelwal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
SYSTMTXC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nikhil Khandelwal, a promoter of Systematix Corporate Services Limited, has submitted a disclosure under SEBI's SAST Regulations. The filing confirms that during the financial year ended March 31, 2026, neither the promoter nor any member of the promoter/promoter group created or made any encumbrance (pledge) on the equity shares of the company. The disclosure covers the entire promoter group including Systematix Holdings Private Limited, Chandra Prakash Khandelwal, Anju Khandelwal, Priyanka Khandelwal, Rahul Khandelwal, and their respective HUF entities. This is a negative confirmation filing required under regulation 31(4).
Positive signal for shareholders as it indicates promoters have not taken on additional debt backed by company shares during FY26. No increase in pledge-related risk for the company's equity.