Investment Details

  • Investment Type: Subscription to rights issue
  • Target Entity: Systematix Wealth & Asset Services Private Limited (SWASPL) - wholly-owned subsidiary
  • Number of Shares: 27,00,000 equity shares of ₹10 each
  • Investment Amount: ₹2,70,00,000 (Two Crores Seventy Lakhs)
  • Price per Share: At par (₹10)
  • Payment Method: Cash consideration

Subsidiary Background

Name: Systematix Wealth & Asset Services Private Limited (formerly known as Systematix Wealth & Asset Management Private Limited & Systematix Ventures Private Limited)

Business Activities:

  • Alternative Investment Funds
  • Wealth Management
  • Distribution services of various financial products

Regulatory Registrations:

  • Registration from Association of Mutual Funds in India (AMFI)
  • Registration as Portfolio Manager from Securities and Exchange Board of India (SEBI)

Financial Performance:

  • FY 2023-24 Turnover: ₹0.02 lakhs
  • FY 2024-25 Turnover: Nil
  • FY 2025-26 Turnover: ₹193.06 lakhs

Incorporation Date: September 3, 2013

Geographic Presence: India

Transaction Details

Purpose: Meeting working capital requirements of SWASPL

Related Party Status: SWASPL is a wholly-owned subsidiary, making this a related party transaction

Transaction Basis: Conducted at arm's length

Promoter Interest: Promoter/promoter groups have no interest in the entity except to the extent of their shareholding & directorship

Industry Classification: Capital Markets

Regulatory Approvals

No governmental or regulatory approvals required for this acquisition.

Timeline

The acquisition will be completed within statutory timelines.

Shareholding Impact

There will be no change in the percentage of shareholding of the Company in SWASPL. SWASPL will continue to remain a wholly-owned subsidiary of the Company.

Compliance References

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Regulation 30
  • SEBI Master Circular for compliance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 dated January 30, 2026