My Money Securities Limited has submitted a regulatory disclosure to BSE Limited regarding a change in promoter shareholding. The disclosure was made pursuant to Regulation 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Details of Acquisition
Mrs. Rajni Seth acquired 1,37,050 equity shares of face value ₹10 each through transmission. This acquisition occurred consequent upon the demise of her husband, Late Mr. Govind Narain Seth, who was also a Promoter of the company.
Shareholding Change
- Prior Holding: Mrs. Rajni Seth held 7,90,300 equity shares, constituting 4.70% of the company's paid-up equity share capital.
- Post Acquisition: Her holding increased to 9,27,350 equity shares, constituting 5.52% of the paid-up equity share capital.
- The total paid-up equity share capital of the company remained unchanged at 1,68,00,300 shares both before and after this acquisition.
Regulatory Context and Impact
The acquisition resulted in Mrs. Seth crossing the 5% voting rights threshold, triggering the disclosure requirement under Regulation 29(1). However, the mode of acquisition (transmission/succession/inheritance) makes it exempt from the requirement to make an open offer, as per Regulation 10(1)(g) of the SEBI SAST Regulations, 2011. Accordingly, no open offer obligations under Regulations 3 and 4 are triggered.
Additional Clarifications
The disclosure explicitly states that the acquisition did not involve any market purchase or sale of securities. Furthermore, it confirms that this transaction does not result in any change in the aggregate shareholding of the Promoter and Promoter Group of the company.
The disclosure was signed and submitted by Mrs. Rajni Seth as the acquirer and by Anjali Chopra, Company Secretary & Compliance Officer for My Money Securities Limited, on 03 June 2026 from Delhi.