Promoter Group Acquires Shares of NINtec Systems Ltd in Open Market Transaction
NINtec Systems Ltd reported a share acquisition by promoter individuals from the open market. The transaction saw Niraj Chhaganraj Gemawat, along with associated Persons Acting in Concert (PACs), increase his holding in the company shares.The acquirer is identified as Niraj Chhaganraj Gemawat, and the PACs include Rachana Gemawat Chhaganraj Gemawat, Sumanlata Gemawat, and Indrajeet Mitra. The acquisition was conducted through the open market mode on June 22 and 23, 2026.
The transaction details reflect a steady increase in the promoter group's stake in NINtec Systems Ltd, which is listed on the BSE and National Stock Exchange of India Limited (NSE).
A summary of the shareholding details before and after the acquisition:
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Shares Carrying Voting Rights | 3,403,366 | 3,413,366 |
| Percentage of Holding | 18.32% | 18.38% |
The acquisition involved the purchase of 10,000 shares carrying voting rights, representing a 0.06% increase in ownership at that time.
Financial data regarding the stock and capital structure are presented below:
| Parameter | Details Before Acquisition | Details After Acquisition |
|---|---|---|
| Equity Share Capital / Total Voting Capital | 1,85,76,000 equity Shares of Rs.10 each | 1,85,76,000 equity Shares of Rs.10 each |
| Total Diluted Share/Voting Capital | 1,85,76,000 equity Shares of Rs.10 each | 1,85,76,000 equity Shares of Rs.10 each |
The transaction resulted in the promoter group's holding increasing from 18.32% to 18.38%.
NINSYS Stock Price Movement
As of the 10:43 AM trading session, shares of NINtec Systems Limited are soaring to ₹781, gaining 0.76% and hitting a critical milestone by reaching its 52-week high. The stock is actively trading today amid strong buying interest, having moved within an intraday range and seeing total traded volume stand at 5,946 shares.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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