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Arrow Greentech Limited — Major Shareholding Notification 2020
Sep 30, 2020
61698_rns_2020-09-30_d8db2431-1ea3-4246-a997-82594a2c05e5.pdf
Major Shareholding Notification
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Neil Patel
303-A, Suman Apartments, Lokhandwala Complex, Andheri (West), Mumbai – 400053
30[th] September 2020
To Manager (CRD) Manager (CRD) Bombay Stock Exchange Ltd. (BSE) National Stock Exchange of India Ltd. (NSE P.J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex Mumbai 400 001 Bandra (E), Mumbai - 400051
Ref: Script Code- 516064 Script Code- ARROWGREEN Sub. : Disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011
Dear Sir,
In the captioned subject please find enclosed herewith Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011 in prescribed format.
Kindly take the same on your record and acknowledge the receipt.
Thanking You,
Yours faithfully,
NEIL S PATEL Digitally signed by NEIL S PATEL Date: 2020.09.30 09:55:44 +05'30'
Neil Patel
Encl: A/a
CC: The Company Secretary ARROW GREENTECH LIMITED
1/F, Laxmi Industrial Estate New Link Road Andheri (West) Mumbai 400053
Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
| Shares and Takeovers) Regulations, 2011 | |||
|---|---|---|---|
| 1. Name of the Target Company (TC) | Arrow Greentech Ltd. | ||
| 2. Name(s) of the acquirer/ seller and | Shilpan Pravin Patel, Jigisha Shilpan Patel, | ||
| Persons Acting in Concert (PAC) | Shilpan P Patel-HUF, Rishil S Patel, Neil S | ||
| with the acquirer | Patel & M/s. Arrow Convertors Private | ||
| Limited | |||
| 3. Whether the acquirer/seller | Yes | ||
| belongs to Promoter/Promoter | |||
4. Name(s) of the Stock Exchange(s) |
BSE Ltd. | ||
| where the shares of TC are Listed | NSE Ltd. | ||
| 5. Details of the | Number | % w.r.t. total | % w.r.t. |
| acquisition/disposal/holding of | share/votin | total | |
| shares/voting rights/holding of the | g capital | diluted | |
| Acquirer and PAC | wherever | share/vot | |
| applicable | ingcapital | ||
| Before the acquisition/selling under | |||
consideration, holding of: |
|||
a) Shares carrying voting rights |
|||
| �Neil Patel | 4,24,810 | 3.02% | - |
| b)Shares in the nature of | |||
| encumbrance ( pledge/lien/non- | NIL | NA | NA |
| disposal undertaking/others) | |||
| c) Voting rights (VR) otherwise | NIL | NA | NA |
| than by shares | |||
| d) Warrants/convertible | |||
| securities/any other instrument | NIL | NA | NA |
| that entitles the acquirer to | |||
| receive shares carrying voting | |||
| rights in the T C (specify holding in | |||
each category) |
|||
| 4,24,810 | 3.02% | - | |
| e)Total (a+b+c+d) | |||
| Details of acquisition | |||
a) Shares carrying voting rights |
100000 | 0.71% | Nil |
| acquire | |||
| b) VRs acquired /sold otherwise | NIL | NA | NA |
| than by shares | |||
| c)Warrants/convertible | |||
| securities/any other instrument that | NA | NA | NA |
| entitles the acquirer to receive shares | |||
| carrying voting rights in the TC | |||
| (specify holding in each category) | |||
| acquired | |||
| d) Shares encumbered/invoked/released | |||||
| by the acquirer/seller | |||||
| NIL | NA | NA | |||
| 100000 | 0.71% | - | |||
| e)Total (a+b+c) | |||||
| After the purchase, holding of: | |||||
| a)Shares carrying voting rights | |||||
�Neil Patel |
5,24,810 | 3.73% | - | ||
| b)Shares encumbered by the | |||||
| acquirer/seller | NIL | NA | NA | ||
| c) VRs otherwise than by shares | |||||
| d) Warrants/convertible securities/ | NIL | NA | NA | ||
| any other instrument that entitles | |||||
| the acquirer to receive shares | |||||
| carrying voting rights in the TC | |||||
| (specify holding in each | |||||
| category)after acquisition. | |||||
| e)Total (a+ b+ c) | 5,24,810 | 3.73% | - | ||
| 6. Mode of acquisition / sale (e.g. open | Open Market -Purchase | ||||
| market / off-market / public | |||||
| issue / rights issue / preferential | |||||
| allotment / inter-se transfer etc). | |||||
7. Date of sale/acquisition / VR or |
28.09.2020 | ||||
| date of receipt of intimation of | |||||
| allotment of shares, whichever is | |||||
| applicable | |||||
8. Equity share capital / total |
1,40,87,938 Equity Shares of Rs. 10 each | ||||
| voting capital of the TC before | |||||
the said acquisition / sale |
|||||
| 9. Equity share capital/ total | 1,40,87,938 Equity Shares of Rs. 10 each | ||||
| voting capital of the TC after | |||||
the said acquisition / sale |
|||||
| 10. Total diluted share/voting capital | - | ||||
| of the TC after the said acquisition/. | |||||
(*) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.
Digitally signed by NEIL NEIL S PATEL S PATEL Date: 2020.09.30
09:56:36 +05'30'
_______
Neil Patel Place: Mumbai Date: 30.09.2020