The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pratik Madhukar Sheth
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Pratik Madhukar Sheth, along with Persons Acting in Concert (PACs) Madhukar Chimanlal Sheth and Jinal Pratik Sheth, disclosed a change in shareholding in Systematix Corporate Services Ltd under SEBI (SAST) Regulations 2011. The acquirer is not part of the promoter or promoter group. The transaction on 03 June 2025 involved an inter-se transfer/transmission of 7,18,719 shares (5.26% of total share capital). After the transaction, the combined holding of the acquirer and PACs remained unchanged at 23,51,819 shares (6.85% of paid-up equity capital of Rs 13.65 crore). No change in total voting rights of the group — only internal reshuffling between family members.
This is a non-promoter, intra-group transfer that does not change the overall ownership or voting power of the Sheth family. No material impact on shareholders or stock price is expected, as the consolidated stake and voting rights remain identical at 6.85%.