Systematix accepts Ankit Gor's resignation as senior management personnel

1 min read     Updated on 04 Aug 2026, 09:27 AM
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Systematix Corporate Services Limited announced the resignation of Ankit Gor, Director of Investment Banking - ECM, effective August 4, 2026. The exit, attributed to personal reasons, was disclosed under SEBI Listing Regulations to BSE and NSE.

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Systematix Corporate Services Limited has accepted the resignation of Ankit Gor, who served as Director, Investment Banking - ECM and was classified as Senior Management Personnel under Regulation 16(1)(d) of the SEBI Listing Regulations. The departure is effective August 4, 2026, with Gor citing personal reasons for his exit. This change impacts the company’s investment banking leadership structure.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Systematix submitted the intimation to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE). The filing includes Annexure I, detailing the compliance with the SEBI Master Circular dated January 30, 2026, and Annexure II, which contains the copy of the resignation letter.

Gor’s resignation letter, dated August 3, 2026, was addressed to the Board of Directors. In the letter, he formally informed the board of his decision to resign due to personal reasons. He expressed gratitude for the opportunities to contribute and grow professionally during his tenure at the organization.

Key Details of Resignation

Particulars Details
Name Ankit Gor
Designation Director, Investment Banking - ECM
Regulatory Status Senior Management Personnel under SEBI Listing Regulations
Reason Personal reasons
Effective Date August 4, 2026

The resignation was processed by Divyesh Badiyani, Company Secretary & Compliance Officer of Systematix Corporate Services Limited. The filing confirms that Gor will cease to be in the employment of the company from the effective date. No replacement or interim arrangement was disclosed in the immediate filing.

Systematix Corporate Services Limited is a SEBI-registered merchant banker with registration number INM000004224. The company’s registered office is located in Indore, while its corporate office is situated in Bandra Kurla Complex, Mumbai.

Historical Stock Returns for Systematix Corporate Services

1 Day5 Days1 Month6 Months1 Year5 Years
+2.11%+2.48%-5.39%-27.06%-56.01%-56.01%

How will Systematix Corporate Services plan to fill the vacancy in its ECM leadership to maintain continuity in ongoing equity capital market deals?

Could Ankit Gor's departure signal broader strategic shifts or internal restructuring within Systematix's investment banking division?

What impact might this leadership change have on the company's ability to secure new mandates from clients relying on senior-level relationships?

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Promoters confirm no encumbrance on shares in FY26

1 min read     Updated on 19 Jun 2026, 04:22 AM
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Systematix Corporate Services Ltd promoters confirmed no encumbrance on equity shares for FY ended March 31, 2026, under SEBI SAST Regulations. The disclosure covers seven entities and individuals in the promoter group.

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Systematix Corporate Services Ltd disclosed that its promoters and promoter group did not create any encumbrance on the equity shares of the company during the financial year ended March 31, 2026. The declaration was submitted by Nikhil Khandelwal, a promoter of the company, on behalf of the entire promoter group and Persons Acting in Concert (PAC). This disclosure was made to the stock exchanges in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The filing confirms that no direct or indirect encumbrance was made on the shares other than those already disclosed to the exchanges. The disclosure provides transparency regarding the holding status of the promoters during the specified financial period.

The list of promoters and PAC members included in the disclosure encompasses seven entities and individuals. The group includes Systematix Holdings Private Limited, Chandra Prakash Khandelwal, Anju Khandelwal, Nikhil Khandelwal, Chandra Prakash Khandelwal HUF, Priyanka Khandelwal, and Rahul Khandelwal.

The following table details the members of the promoter group and PAC:

Sr. No. Name(s) of the promoter(s), member of the promoter group and Persons Acting in Concert (PAC) with him
1 Systematix Holdings Private Limited
2 Chandra Prakash Khandelwal
3 Anju Khandelwal
4 Nikhil Khandelwal
5 Chandra Prakash Khandelwal HUF
6 Priyanka Khandelwal
7 Rahul Khandelwal

The letter was addressed to the Department of Corporate Services at BSE Limited and the National Stock Exchange of India Limited. The document was signed and submitted in Mumbai on April 01, 2026.

Historical Stock Returns for Systematix Corporate Services

1 Day5 Days1 Month6 Months1 Year5 Years
+2.11%+2.48%-5.39%-27.06%-56.01%-56.01%

How will the absence of share encumbrance impact Systematix Corporate Services' ability to raise capital in the upcoming fiscal year?

What are the strategic growth plans or acquisition targets the promoters might pursue given their unencumbered holding status?

Could this clean holding structure signal a potential increase in promoter stake or a buyback in the near future?

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1 Year Returns:-56.01%