The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Omkar Mundhra & PACs
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Omkar Mundhra, along with Persons Acting in Concert (PACs) Sonia Mundhra and Dinesh Mundhra, acquired 8,00,000 equity shares (16% of paid-up capital) of Systematix Securities Limited through open market purchases on September 24, 2025. Omkar Mundhra's individual holding rose from 4.998% (2,49,910 shares) to 20.998% (10,49,910 shares). The combined holding of the acquirer and PACs after the acquisition stands at approximately 24.1% of the company. Importantly, the acquirer has been explicitly identified as NOT belonging to the promoter/promoter group.
This is a large block purchase by a non-promoter that pushes the combined PAC holding dangerously close to the 25% open offer trigger threshold under SEBI Takeover Regulations. Shareholders should watch for potential further acquisitions, mandatory open offer implications, or possible share price volatility as the buyer nears the regulatory threshold.