NewsCorporate ActionsFourth Generation Info Systems Promoter Sells Shares Under SEBI Disclosure NormsFourth Generation Info Systems Promoter Sells Shares Under SEBI Disclosure Norms
A promoter of Fourth Generation Information Systems Limited sold 20,000 equity shares (0.56% of total voting capital) on December 1, 2025. The company voluntarily disclosed this transaction under SEBI regulations, despite being below the mandatory disclosure threshold. Post-transaction, the promoter group holds 34.15% of the company's shares, including 8.80% with voting rights and 25.35% encumbered shares.
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Fourth Generation Information Systems Limited has filed a voluntary disclosure with BSE regarding changes in promoter shareholding, demonstrating the company's commitment to transparency even when not mandatorily required under regulatory frameworks.
Transaction Details
The disclosure pertains to the sale of equity shares by one of the company's promoters. The transaction involved 20,000 equity shares, representing 0.56% of the company's total voting capital.
| Transaction Parameter | Details |
|---|---|
| Shares Sold | 20,000 equity shares |
| Percentage of Total Capital | 0.56% |
| Transaction Date | December 1, 2025 |
| Mode of Sale | Share selling |
| Disclosure Date | December 16, 2025 |
Current Shareholding Structure
Following the transaction, the promoter group's shareholding structure has been updated to reflect the recent changes.
| Shareholding Category | Number of Shares | Percentage (%) |
|---|---|---|
| Shares with Voting Rights | 3,12,357 | 8.80 |
| Encumbered Shares | 9,00,000 | 25.35 |
| Total Promoter Holding | 12,12,357 | 34.15 |
Regulatory Compliance
The company emphasized that this disclosure was made voluntarily under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction falls below the mandatory disclosure threshold of 2% change in individual promoter shareholding, yet the company chose to inform stakeholders proactively.
Company Profile
Fourth Generation Information Systems Limited operates with CIN L72200TG1998PLC029999 and is headquartered in Hyderabad. The company maintains its registered office at Flat No. 301, SAAI PRIYA Apartment, H.No: 6-3-663/7/6/301, Jaffer Ali Bagh, Somajiguda, Hyderabad. The company's equity share capital consists of 35,50,000 equity shares of ₹10.00 each, with trading under BSE scrip code 532403.
The disclosure was signed by C.N. Somasekara Reddy, who serves as both Managing Director and authorized signatory for the promoter group, ensuring proper authorization and compliance with regulatory requirements.
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