The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Omkar Mundhra & PAC
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Awaiting price reaction for this filing.
Omkar Mundhra, along with PACs Sonia Mundhra and Dinesh Mundhra, filed a Regulation 29(2) disclosure for an off-market acquisition of 1,05,600 equity shares (2.112% of paid-up capital) of Systematix Securities Ltd on 10 October 2025. The shares appear to have been transferred inter-se from PAC member Sonia Mundhra, whose holding dropped to zero (from 2.112%). Post-transaction, Omkar Mundhra holds 11,55,510 shares (23.11%), Dinesh Mundhra holds 49,668 shares (0.99%), and the combined PAC holding stands at roughly 24.10% of the company. The acquirer has confirmed he is not part of the promoter/promoter group. Total equity capital remains 50,00,000 shares of Rs. 10 each.
This is largely an inter-se reshuffle within the PAC group with no change in aggregate PAC shareholding. However, the combined PAC stake is now sitting at ~24.1%, uncomfortably close to the 25% open-offer trigger threshold under takeover rules, which investors should monitor. No promoter-level impact since none of the acquirers belong to the promoter group.