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Arrow Greentech Limited Major Shareholding Notification 2021

Mar 27, 2021

61698_rns_2021-03-27_a0b01e6e-8579-473a-9755-724408c7ca47.pdf

Major Shareholding Notification

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SHILPAN PRAVIN PATEL Digitally signed by SHILPAN PRAVIN PATEL DN: c=IN, st=Maharashtra, 2.5.4.20=6cf497d8f6ccd5a0945df3a237ada1bf5c3f019034edba03d28f6f27c953ec24, postalCode=400053, street=303/A SUMAN APARTMENTS, LOKHANDWALA COMPLEX, ANDHERI WEST MUMBAI 400053, serialNumber=48a6ea376ae04d80c7f5c12b3b5bf87fd7c820f183cfca1181d8f16cb481b1a6, o=Personal, cn=SHILPAN PRAVIN PATEL, pseudonym=5164208e515f9e7412ac231051a7f387 Date: 2021.03.27 15:12:20 +05'30'

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Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Name of the Target Company (TC) Arrow Greentech Limited Arrow Greentech Limited Arrow Greentech Limited
Name(s) of the acquirer and Persons Acting in
Concert (PAC) with the acquirer
Shilpan Pravin Patel, Jigisha Shilpan Patel, Shilpan P
Patel-HUF, Rishil S Patel, Neil S Patel & M/s. Arrow
Convertors Private Limited
Whether
the
acquirer
belongs
to
Promoter/Promoter group
Yes
Name(s) of the Stock Exchange(s) where the
shares of TC are Listed
BSE Limited & National Stock Exchange of India Limited
Details of the acquisition / disposal as follows Number % w.r.t. total
share/voting
capital
wherever
applicable
% w.r.t.
total diluted
share/voting
capital of
the TC (*)
Before
the
acquisition
/
disposal
under
consideration, holding of :
a)Shares carrying voting rights
-Shilpan Pravin Patel 49,66,346 35.25% 35.25%
-Jigisha Shilpan Patel 18,22,205 12.93% 12.93%
-Shilpan Patel HUF 10,79,180 7.66% 7.66%
-Neil S Patel 5,24,810 3.73% 3.73%
-Rishil S Patel 5,22,000 3.71% 3.71%
-Arrow Convertors Pvt. Ltd. 9,96,014 7.07% 7.07%
b)Shares
in the
nature
of
encumbrance
(pledge/ lien/ non-disposal undertaking/
others)
a)Voting rights (VR) otherwise than by equity
shares
b)Warrants/convertible securities/any other
instrument that entitles the acquirer to
receive shares carrying voting rights in the
TC (specify holding in each category)
-
-
-
-
-
-
-
-
-
c)Total (a+b+c+d) 99,10,555 70.35% 70.35%
Details of acquisition/sale
a)Shares
carrying
voting
rights
acquired/(sold) –
-Neil Patel (Director & Promoter Group) (Acquire) 15000 0.11% 0.11%
-Rishil Patel ( Promoter Group) (Acquire) 25000 0.18% 0.18%
-Manisha Sindhi (Acquire)(Immediate Relative of
Director)
10000 0.07% 0.07%
-Shilpan Patel HUF (Sold) (50000) (0.36%) (0.36%)
b)VRs acquired / (sold) otherwise than by
equity shares
c)Warrants/convertible securities/any other
instrument that entitles the acquirer to
receive shares carrying voting rights in the
TC (specify holding in each category)
acquired / (sold)
d)Shares in the nature of encumbrance
(pledge/ lien/ non-disposal undertaking/
others)
-
-
-
-
-
-
-
-
-
e)Total (a+b+c+d) - - -
After the acquisition / sale, holding of:
a)Shares carrying voting rights
-Shilpan Pravin Patel 49,66,346 35.25% 35.25%
-Jigisha Shilpan Patel 18,22,205 12.93% 12.93%
-Shilpan Patel HUF 10,29,180 7.30% 7.66%
-Neil S Patel 5,39,810 3.83% 3.73%
-Rishil S Patel 5,47,000 3.88% 3.71%
-Arrow Convertors Pvt. Ltd. 9,96,014 7.07% 7.07%
-Manisha Sindhi(Immediate Relative of
Director)
10,000 0.07% 0.07%
b)VRs otherwise than by equity shares
c)Warrants/convertible securities/any other
instrument that entitles the acquirer to
receive shares carrying voting rights in the
TC (specify holding in each category) after
acquisition
d)Shares in the nature of encumbrance
(pledge/ lien/ non-disposal undertaking/
other
-
-
-
-
-
-
-
-
-
e)Total (a+b+c+d) 99,10,555 70.35% 70.35%
Mode of acquisition/sale (e.g. opens market / off
market/ public issue / rights issue /preferential
allotment / inter-se transfer, etc.)
Open Market Purchase/ Sale
Date of acquisition /sale of shares / VR or date of
receipt of intimation of allotment of shares,
whichever is applicable
24th March 2021
Equity share capital / total voting capital of the
TC before the said acquisition /sale
140,87,938 Equity Shares of Rs. 10 Each
Equity share capital/ total voting capital of the TC
after the said acquisition /sale
140,87,938 Equity Shares of Rs. 10 Each
Total diluted share/voting capital of the TC after
the said acquisition / sale

(*) 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.

SHILPAN PRAVIN PATEL Digitally signed by SHILPAN PRAVIN PATEL DN: c=IN, st=Maharashtra, 2.5.4.20=6cf497d8f6ccd5a0945df3a237ada1bf5c3f019034edba03d28f6f27c953ec24, postalCode=400053, street=303/A SUMAN APARTMENTS, LOKHANDWALA COMPLEX, ANDHERI WEST MUMBAI 400053, serialNumber=48a6ea376ae04d80c7f5c12b3b5bf87fd7c820f183cfca1181d8f16cb481b1a6, o=Personal, cn=SHILPAN PRAVIN PATEL, pseudonym=5164208e515f9e7412ac231051a7f387 Date: 2021.03.27 15:13:11 +05'30'

______ Shilpan Patel Place: Mumbai Date: 26.03.2021