Rajni Seth's stake rises to 5.52% via transmission
Promoter Rajni Seth increased her holding in My Money Securities Limited to 5.52% by acquiring 1,37,050 shares through transmission following the death of promoter Late Mr. Govind Narain Seth. The acquisition, exempt from open offer regulations, was intimated to BSE Limited on June 3, 2026, and will be reflected in the shareholding pattern for Q1FY27.

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Promoter Rajni Seth has increased her shareholding in My Money Securities Limited to 5.52% through the acquisition of 1,37,050 equity shares by transmission. The transfer, dated June 2, 2026, occurred consequent upon the demise of her husband, Late Mr. Govind Narain Seth, who was also a Promoter of the company. This change in shareholding crossed the 5% threshold, necessitating a disclosure to the stock exchange under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Change in Shareholding Details
The following table summarises the change in Mrs. Rajni Seth's shareholding before and after the transmission:
| Particulars: | Pre-Acquisition | Post-Acquisition |
|---|---|---|
| Shares Held | 7,90,300 | 9,27,350 |
| Percentage of Paid-up Capital | 4.70% | 5.52% |
| Mode of Acquisition | - | Transmission |
| Date of Acquisition | - | June 2, 2026 |
Prior to the transmission, Mrs. Rajni Seth held 7,90,300 equity shares, constituting 4.70% of the paid-up equity share capital. Following the acquisition, her total holding stands at 9,27,350 equity shares. The total equity share capital of the company before and after the acquisition stood at 1,68,00,300 shares.
Regulatory Compliance and Exemption
The disclosure explicitly states that the acquisition was made by way of transmission and is exempt from the requirement of making an open offer in terms of Regulation 10(1)(g) of the SEBI (SAST) Regulations, 2011, being an acquisition by way of transmission, succession, or inheritance. The transaction was executed off-market due to the death of the promoter, and the disclosure clarifies that the acquisition does not involve any market purchase or sale of securities. Furthermore, it does not result in any change in the aggregate shareholding of the Promoter and Promoter Group of the company.
The company confirmed that the requisite disclosure was submitted to the Corporate Relationship Department of BSE Limited. The shares carry a face value of ₹10 each. The details of the change in holding were submitted in Form C to BSE Limited for necessary action and record-keeping.
Intimation to Exchange
In an intimation dated June 3, 2026, to the Corporate Relationship Department of BSE Limited, the company confirmed the transmission of shares from the deceased promoter to his legal heir. Consequently, Late Mr. Govind Narain Seth ceases to be a part of the Promoter Group with effect from the transmission. The shareholding pattern for the quarter ending June 30, 2026, shall reflect the updated and accurate promoter and promoter group shareholding.
Historical Stock Returns for My Money Securities
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -6.56% | -4.83% | -7.17% | -1.68% | +63.30% | +82.31% |
How will the restructuring of the promoter group impact the company's strategic decision-making moving forward?
Will the remaining promoters look to increase their individual stakes to consolidate control following this reshuffle?
Could this change in shareholding trigger any realignment in the company's board composition or governance structure?


































