News Orders & Deals Syschem India Promoter Ranjan Jain Reduces Stake Through Sale of 50,000 SharesSyschem India Promoter Ranjan Jain Reduces Stake Through Sale of 50,000 Shares
Syschem India Limited disclosed that promoter Ranjan Jain sold 50,000 equity shares through open market transactions on February 19-20, 2026, reducing his stake from 6.52% to 6.41% of total share capital. The transaction was conducted in compliance with SEBI regulations, with the disclosure filed on February 21, 2026. The company's equity structure of Rs. 43.51 crore divided into 4,35,13,000 shares remains unchanged.
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Syschem India Limited has announced that promoter Ranjan Jain has sold a portion of his shareholding in the company through open market transactions. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, dated February 21, 2026.
Transaction Details
The share sale transaction involved specific quantities and was executed over a two-day period:
| Parameter: | Details |
|---|---|
| Shares Sold: | 50,000 equity shares |
| Transaction Mode: | Open market sale |
| Transaction Period: | February 19-20, 2026 |
| Disclosure Date: | February 21, 2026 |
Shareholding Changes
The transaction resulted in a reduction of Ranjan Jain's stake in Syschem India Limited:
| Shareholding Position: | Before Sale | After Sale | Change |
|---|---|---|---|
| Number of Shares: | 28,40,000 | 27,90,000 | -50,000 |
| % of Total Share Capital: | 6.52% | 6.41% | -0.11% |
| % of Diluted Share Capital: | 5.02% | 4.93% | -0.09% |
Company Capital Structure
Syschem India Limited's equity structure remained unchanged following the transaction:
- Total Equity Share Capital: Rs. 43.51 crore
- Number of Equity Shares: 4,35,13,000 shares
- Face Value per Share: Rs. 10
- Total Diluted Share Capital: Rs. 56.56 crore (56,56,3000 shares)
Regulatory Compliance
The disclosure was submitted to BSE Limited, where Syschem India Limited shares are listed. Ranjan Jain, in his capacity as Promoter and Director, filed the required documentation from Chandigarh. The transaction involved no encumbrances, voting rights other than shares, or convertible securities.
Key Transaction Highlights
- No shares were encumbered or involved pledges during the transaction
- The sale represents a minor adjustment in the promoter's holding
- All regulatory requirements under SEBI SAST Regulations were fulfilled
- The company's total voting capital structure remains intact
Historical Stock Returns for Syschem
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.35% | -3.04% | +2.47% | +8.14% | +8.05% | +528.99% |
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