NINtec Systems Responds to BSE Clarification on Share Price Movement

1 min read     Updated on 02 Apr 2026, 11:05 AM
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NINtec Systems Limited responded to BSE's inquiry about significant share price movement on April 2nd, 2026. The company confirmed compliance with SEBI disclosure regulations and stated that recent price movements are market-driven and beyond company control. Company Secretary Disha Shah signed the official response emphasizing regulatory adherence.

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NINtec Systems Limited has issued a formal response to BSE Limited regarding an inquiry about significant price movement in its shares. The company received BSE's clarification request on April 1st, 2026, and responded promptly on April 2nd, 2026.

Company's Official Response

The company addressed BSE's concerns through a comprehensive letter signed by Company Secretary and Compliance Officer Disha Shah. NINtec Systems emphasized its commitment to regulatory compliance and transparency in market communications.

Parameter: Details
Response Date: April 2nd, 2026
BSE Inquiry Date: April 1st, 2026
Security Code: 539843
Signatory: Disha Shah, Company Secretary
Membership No.: F13084

Regulatory Compliance Statement

NINtec Systems stated that it has made all necessary disclosures pertaining to events and information in a timely and accurate manner to the stock exchange. The company confirmed its compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The management clarified that recent movements in the company's share price are purely market-driven and beyond the company's control. This response indicates that no specific corporate developments or undisclosed information contributed to the price volatility.

Corporate Details

The response was digitally signed by Disha Shah, who serves as Company Secretary and Compliance Officer. The company is headquartered in Ahmedabad, Gujarat, with its registered office at B-11, Corporate House, Bodakdev, S.G. Highway. NINtec Systems operates under CIN: L72900GJ2015PLC084063 and maintains its corporate communications through official channels including email and website platforms.

Historical Stock Returns for NINtec Systems

1 Day5 Days1 Month6 Months1 Year5 Years
+1.65%+20.78%+24.85%-11.10%-16.65%+38.88%

What specific market factors or investor sentiment changes could be driving the significant price movement in NINtec Systems' shares?

Will NINtec Systems implement additional investor communication measures to address future market volatility concerns?

How might this BSE inquiry and public response impact institutional investor confidence in NINtec Systems going forward?

NINtec Systems Promoter Rachana Gemawat Acquires 11,806 Shares Under SEBI Disclosure

1 min read     Updated on 25 Mar 2026, 01:43 AM
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NINtec Systems Limited disclosed that promoter Rachana Niraj Gemawat acquired 11,806 equity shares representing 0.06% of total capital through open market transactions, raising her shareholding from 13.79% to 13.85%. The acquisition was disclosed under SEBI takeover regulations with several persons acting in concert identified.

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Nintec systems Limited has announced that its Promoter and Director, Rachana Niraj Gemawat, has acquired equity shares of the company through open market transactions on March 24, 2026. The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

Rachana Niraj Gemawat acquired 11,806 equity shares through open market purchases on both BSE and NSE exchanges. The acquisition represents 0.06% of the total share capital of the company.

Parameter Details
Shares Acquired 11,806
Acquisition Mode Open Market
Transaction Date March 24, 2026
Percentage of Total Capital 0.06%

Shareholding Pattern Changes

The acquisition has resulted in an increase in Rachana Gemawat's shareholding in the company. Her stake has grown from 13.79% to 13.85% following these transactions.

Parameter Before Acquisition After Acquisition
Number of Shares 2,561,611 2,573,417
Shareholding Percentage 13.79% 13.85%
Category Promoter Group Promoter Group

Company Share Capital Structure

The company's equity share capital remains unchanged at 1,85,76,000 equity shares of ₹10 each before and after the acquisition. The total diluted share capital also stands at the same level.

Persons Acting in Concert

The disclosure identifies several Persons Acting in Concert (PACs) with the acquirer, including:

  • Niraj Gemawat
  • Chhaganraj Gemawat
  • Sumanlata Gemawat
  • Indrajeet Mitra
  • Ketki Mitra
  • VIN IT Solutions LLP

Regulatory Compliance

The disclosure was made by Managing Director Niraj Gemawat (DIN: 00030749) to both BSE Limited and The National Stock Exchange of India Limited. The company has fulfilled its obligation under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, by submitting the required disclosure format.

The shares of NINtec Systems Limited are listed on both BSE (Script Code: 539843) and NSE (Symbol: NINSYS). The transaction confirms that no encumbrances, voting rights other than shares, or convertible securities were involved in this acquisition.

Historical Stock Returns for NINtec Systems

1 Day5 Days1 Month6 Months1 Year5 Years
+1.65%+20.78%+24.85%-11.10%-16.65%+38.88%

Will Rachana Niraj Gemawat continue to increase her stake in Nintec Systems, potentially triggering mandatory open offer requirements?

How might this insider buying signal impact institutional investor confidence and future fund raising plans for Nintec Systems?

What strategic initiatives or growth opportunities could be driving the promoter group's decision to accumulate more shares at current market prices?

More News on NINtec Systems

1 Year Returns:-16.65%