Shareholding18 Sept 2026, 02:29 pm
Lippi Systems: Promoters increase stake to 50.99% via acquisition
AI Summary
Vinesh Shivji Dholu & Others, part of the promoter group of Lippi Systems Ltd, have acquired an additional 86,107 equity shares. This acquisition includes 85,107 shares (1.22%) through an off-market transaction from existing sellers on September 15-16, 2026, and 1,000 shares (0.01%) tendered by public shareholders via an Open Offer. Following these acquisitions, the promoter group's total shareholding and voting rights in Lippi Systems Ltd have increased from 49.77% to 50.99%. This disclosure is made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Promoter group acquired 86,107 equity shares of Lippi Systems.
- Acquisition occurred through off-market transaction and an open offer.
- Promoter stake increased from 49.77% to 50.99% post-acquisition.
- Disclosure made under SEBI SAST Regulations for substantial acquisition.
Price Impact
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