Syschem India Limited has disclosed another share sale transaction by promoter and director Ranjan Jain under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The latest disclosure, submitted to BSE Limited on March 3, 2026, details an additional open market sale conducted between February 27 - March 2, 2026.

Recent Transaction Details

Following his earlier sale of 1,05,000 shares between February 24-26, 2026, Ranjan Jain has now sold an additional 30,000 equity shares of Syschem India Limited through open market transactions. This latest sale represents 0.069% of the company's total share capital and 0.053% of the total diluted share capital.

Updated Shareholding Position

The recent transaction has further reduced Jain's stake in the company. His shareholding has decreased from 26,85,000 shares to 26,55,000 shares, representing a decline from 6.17% to 6.10% of the total share capital.

Cumulative Impact of Recent Sales

Combining both transactions, Ranjan Jain has sold a total of 1,35,000 shares over the period from February 24 to March 2, 2026. His overall shareholding has reduced from the initial 27,90,000 shares (6.41%) to 26,55,000 shares (6.10%), representing a cumulative reduction of 0.31% in his stake.

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. Ranjan Jain, in his capacity as promoter and director, submitted the required documentation to BSE Limited, where the company's shares are listed under scrip code 531173. The transactions reflect continued portfolio management by the promoter group, with no encumbrances, voting rights transfers, or convertible securities involved in the sales.

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.