Individuals Acquire Shares in Lippi Systems Ltd through Open Market Transaction
Guttikonda Rajasekha and Guttikonda Vara Lakshm have increased their stake in Lippi Systems Ltd through an open market acquisition of equity shares. The transactions pertain to the company listed on the BSE Limited exchange.The acquisition, which took place with an intimation date of July 20, 2026, involved both individuals acquiring a total of 1,63,135 shares, representing 2.33% of the total voting capital. During this period, Guttikonda Rajasekhar acquired 85,661 shares (1.22%), while Guttikonda Vara Lakshmi acquired 77,474 shares (1.11%).
The individuals involved in the acquisition are non-promoters and Persons Acting in Concert.
Acquisition Details Summary
A detailed breakdown of the holdings before and after the acquisition is provided below:| Holding Type | Before Acquisition Total Shares (Voting Rights) | After Acquisition Total Shares (Voting Rights) |
|---|---|---|
| Total Acquirer Group (Guttikonda Rajasekha and Guttikonda Vara Lakshm) | 3,64,380 (5.21%) | 4,50,041 (6.43%) |
| Guttikonda Rajasekhar holding | 1,59,457 (2.28%) | 2,36,931 |
| Guttikonda Vara Lakshmi holding | N/A | N/A |
The mode of acquisition for the securities was Open Market.
Company Capital Structure
Prior to the transaction, Lippi Systems Ltd reported a total equity share capital and voting capital of Rs. 7,00,00,000/- represented by 70,00,000 equity shares of Rs. 10/- each. Following the acquisition, the company's equity share capital and total voting capital remained at RS. 7,00,00,000/-, consisting of 70,00,000 equity shares of Rs. 10/- each.Stock Price Movement
As of 10:01, Lippi Systems Ltd. shares are ticking lower at ₹251.40, following a 1.37% drop in the market. The stock has seen significant intraday movement, testing a low of ₹245.00 while briefly climbing up to ₹254.90.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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