The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Omkar Mundhra & PACs
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Non-promoter Omkar Mundhra, along with Persons Acting in Concert (PACs) Sonia Mundhra and Dinesh Mundhra, acquired 1,54,763 shares (3.095%) of Systematix Securities Ltd through open market purchases on May 20-21, 2025. Omkar Mundhra's individual stake rose from 0.997% (49,889 shares) to 4.093% (2,04,652 shares). The disclosure under SEBI's SAST Regulation 29(1) was triggered because the combined holding of the acquirer and PACs crossed the 5% disclosure threshold. The company's total equity capital stands at 50 lakh shares of Rs. 10 each. No encumbrance (pledge/lien) activity is involved.
A non-promoter group is steadily building a meaningful stake through open market buying, approaching takeover disclosure thresholds. Retail investors should monitor for further accumulation, as this could signal strategic interest or potential activist involvement in the company.