Omkar Mundhra Acquires 16% Stake in Systematix Securities, Total Holding Reaches 21%
Omkar Mundhra, along with Sonia Mundhra and Dinesh Mundhra, acquired 8,00,000 shares (16%) of Systematix Securities through open market transactions. Their combined holding increased from 8.10% to 24.10% of the company's total share capital. Omkar Mundhra's individual stake rose from 5% to 21%. The acquirers are not part of the promoter group. Systematix Securities' total share capital remains at Rs. 5 crore.
*this image is generated using AI for illustrative purposes only.
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:
| Shareholder | Shares | Percentage |
|---|---|---|
| Omkar Mundhra | 2,49,910 | 5.00% |
| Sonia Mundhra | 1,05,600 | 2.11% |
| Dinesh Mundhra | 49,668 | 0.99% |
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:
| Shareholder | Shares | Percentage |
|---|---|---|
| Omkar Mundhra | 10,49,910 | 21.00% |
| Sonia Mundhra | 1,05,600 | 2.11% |
| Dinesh Mundhra | 49,668 | 0.99% |
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.
Historical Stock Returns for Systematix Securities
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |
20
