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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 |
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(*) 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