NINtec Systems Ltd promoter acquires additional 4,000 shares in open market

What NINtec Systems Ltd announced

NINtec Systems Ltd (BSE: 539843, NSE: NINSYS) filed a disclosure under Regulation 29(2) of the SEBI Substantial Acquisition of Shares & Takeovers (SAST) Regulations, 2011. The filing, submitted on 20 June 2026, informs that promoter Niraj Chhaganraj Gemawat and his persons acting in concert (PACs) purchased 4,000 voting shares of the company in the open market on 19 June 2026.

The acquisition raises the promoter’s stake from 18.30% to 18.32% of the total voting capital.

Details of the share acquisition

• Acquirer and PACs: Niraj Chhaganraj Gemawat (principal acquirer) and the following PACs – Rachana Gemawat, Chhaganraj Gemawat, Sumanlata Gemawat, Indrajeet Mitra, Ketki Mitra, and VIN IT Solutions LLP.
• Promoter status: The acquirer belongs to the promoter group of NINtec Systems.
• Mode of acquisition: Open‑market purchase.
• Date of acquisition: 19 June 2026 (the same date as the acquirer’s signature on the disclosure).
• Share numbers:
  • Pre‑acquisition holding: 3,399,366 shares (18.30% of total voting capital).
  • Shares acquired: 4,000 shares (0.02% of total voting capital).
  • Post‑acquisition holding: 3,403,366 shares (18.32% of total voting capital).
• Equity share capital: Unchanged at 1,85,76,000 equity shares of Rs 10 each, both before and after the transaction.
• Diluted share capital: Remains 1,85,76,000 shares, indicating no convertible securities or warrants were involved.

Key facts at a glance

Why this matters for investors

The filing satisfies SEBI’s requirement to disclose any acquisition that changes a promoter’s shareholding by 1% or more of the total voting capital. Although the incremental purchase of 4,000 shares is modest, it formally records the promoter’s intent to maintain or slightly increase its control position. The unchanged equity capital indicates no dilution for existing shareholders. Investors can note that the transaction was executed through the open market, implying no preferential allotment or price advantage.

Conclusion

NINtec Systems Ltd has recorded a small open‑market purchase by its promoter group, raising the promoter’s stake to 18.32% of the voting capital. The disclosure fulfills regulatory obligations under SEBI’s SAST rules. No further approvals or corporate actions are pending as a result of this transaction.