Syschem India Limited has disclosed a share sale transaction by promoter and director Ranjan Jain under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure, submitted to BSE Limited on February 27, 2026, provides details of the open market sale conducted between February 24-26, 2026.

Transaction Details

Ranjan Jain sold 1,05,000 equity shares of Syschem India Limited through open market transactions. The sale represents 0.24% of the company's total share capital and 0.19% of the total diluted share capital.

Shareholding Changes

The transaction resulted in a reduction of Jain's stake in the company. His shareholding decreased from 27,90,000 shares to 26,85,000 shares, representing a decline from 6.41% to 6.17% of the total share capital.

Company Capital Structure

Syschem India Limited's equity share capital remains unchanged at ₹43.51 crores, divided into 4,35,13,000 equity shares of ₹10 each. The total diluted share capital stands at ₹56.56 crores, comprising 5,65,63,000 equity shares of ₹10 each.

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of SEBI (SAST) Regulations, 2011, which mandates disclosure of substantial acquisition or disposal of shares by promoters and other specified entities. Ranjan Jain, in his capacity as promoter and director, submitted the required documentation to BSE Limited, where the company's shares are listed.

The transaction reflects routine portfolio management by the promoter group, with no encumbrances, voting rights transfers, or convertible securities involved in the sale.

Syschem India Limited's promoter group has completed an inter-se acquisition of shares, with three promoter group members collectively acquiring 6.50 lakh shares on February 24, 2026. The transaction was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The inter-se transfer involved three promoter group members acquiring shares from Mrs. Ruchika Jain at Rs. 53.00 per share. The regulatory filing was submitted by Ruchika Jain on behalf of all parties involved:

Seller's Holdings Impact

According to the official disclosure, Mrs. Ruchika Jain's shareholding was significantly reduced through this inter-se transfer:

Pre and Post-Transaction Holdings

Before the acquisition, the three promoters held a combined 1,08,89,743 shares representing 25.03% of the total share capital. Following the inter-se transfer, their collective holding increased to 1,15,39,743 shares, representing 26.52% of the total share capital:

Regulatory Compliance

The disclosure was submitted to BSE Limited on February 25, 2026, in compliance with SEBI regulations governing substantial acquisition of shares. The transaction represents an internal restructuring within the promoter group through inter-se transfer mechanism. The company's equity share capital remains unchanged at Rs. 43,51,30,000 divided into 4,35,13,000 equity shares of Rs. 10.00 each, with total diluted share capital standing at Rs. 56,56,30,000 divided into 5,65,63,000 equity shares of Rs. 10.00 each.