Systematix Securities Limited , a company listed on the Bombay Stock Exchange, has witnessed a significant change in its shareholding structure. Omkar Mundhra, along with persons acting in concert, has increased their stake in the company through an off-market transaction.

Key Details of the Transaction

Transaction Highlights

• The acquisition was made through an off-market transaction.
• Omkar Mundhra purchased an additional 1,05,600 shares.
• The acquirer group is classified as non-promoter entities.
• The company's total equity share capital stands at 50,00,000 equity shares of Rs. 10 each.

This substantial acquisition by Omkar Mundhra and his group represents a notable change in the ownership structure of Systematix Securities Limited. The increased stake could potentially influence the company's future direction and decision-making processes.

Investors and market watchers may want to keep an eye on any further developments or announcements from the company following this significant change in shareholding.

Systematix Securities witnessed a significant change in its shareholding pattern as Omkar Mundhra, along with persons acting in concert (PACs), acquired a substantial stake in the company through open market transactions.

Acquisition Details

Omkar Mundhra, in concert with Sonia Mundhra and Dinesh Mundhra, acquired 8,00,000 shares of Systematix Securities, representing a 16% stake in the company. The acquisition was made through open market transactions, as disclosed in the company's regulatory filing.

Shareholding Impact

Prior to this acquisition, the group collectively held 4,05,178 shares, accounting for 8.10% of the company's total share capital. The breakdown of their previous holdings was as follows:

Post-acquisition, their combined holding has significantly increased to 12,05,178 shares, representing 24.10% of Systematix Securities' total share capital. The updated shareholding structure is:

Company Information

Systematix Securities has an equity share capital of 50,00,000 shares with a face value of Rs. 10 each. The company's total share capital remains unchanged at Rs. 5 crore following this transaction.

Acquirer Status

It is important to note that the acquirers, including Omkar Mundhra and the persons acting in concert, do not belong to the promoter group of Systematix Securities. This acquisition represents a significant increase in their stake as non-promoter shareholders.

The substantial acquisition of shares by Omkar Mundhra and associates may potentially influence the company's ownership structure and could be of interest to other shareholders and market participants.