StockWatch
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Industrial Products
Shareholding13 Jun 2026, 12:31 pm

Guttikonda Rajasekhar & Vara Lakshmi Acquire Lippi Systems Shares

AI Summary

Guttikonda Rajasekhar and Guttikonda Vara Lakshmi have disclosed an acquisition of equity shares in Lippi Systems Ltd through open market transactions. The acquisition involved 2,99,995 shares for Guttikonda Rajasekhar and 81,221 shares for Guttikonda Vara Lakshmi, collectively representing 5.45% of the total diluted share capital. The total equity share capital of the company is Rs. 7,00,00,000/-. This disclosure is made pursuant to Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Key Highlights

  • Acquisition of 381,216 shares in Lippi Systems Ltd.
  • Acquirers are Guttikonda Rajasekhar and Guttikonda Vara Lakshmi.
  • Acquisition represents 5.45% of total diluted share capital.
  • Transaction executed via open market purchases.
  • Disclosure filed under SEBI (SAST) Regulations, 2011.