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Aurum PropTech Limited — Major Shareholding Notification 2020
Dec 8, 2020
62518_rns_2020-12-08_f6d659fd-0484-4a0c-ae61-515505360694.pdf
Major Shareholding Notification
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December 8, 2020
From Mrs. Girija Ram Promoter, Majesco Limited 3502, Octavius Hiranandani Gardens, Powai, Mumbai - 400 076
Listing Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai - 400 001
BSE Script Code: 539289
Listing Department The National Stock Exchange of India Limited Bandra Kurla Complex Bandra East Mumbai - 400 051
NSE Symbol: MAJESCO
Dear Sir/ Madam.
Sub: Disclosure under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 {"Takeover Regulations"}
This is to inform you that 11,06,763 equity shares (representing 3.67%) of Majesco Limited ("the Company") held by Late Mr. Sudhakar Ram has been transmitted to his nominee Mrs. Girija Ram (wife of Late Mr. Sudhakar Ram), on his sad demise, as per following details:
- $(i)$ 4,50,000 equity shares on December 3, 2020; and
- $(ii)$ 6,56,763 equity shares on December 7, 2020
By virtue of transmission, Mrs. Girija Ram (already part of Promoter Group of Company) has become one of the Promoter of the Company and her shareholding has increased to 13,73,691 equity shares (representing 4.56%) of the Company, from existing 2,66,928 (representing 0.89%) of the Company.
In this regard, please find enclosed herewith requisite disclosure as per Regulation 10(6) of Takeover Regulations.
You are requested to take the same on record and acknowledge the receipt.
Thanking you.
Yours faithfully.
Girija Ram
$CC:$ Mrs. Varika Rastogi Company Secretary Majesco Limited,
MNDC, MBP-P-136, Mahape, Navi Mumbai - 400 710
Encl.: As above
Format for Disclosure under Regulation 10(6)
Report to Stock Exchanges in respect of any acquisition made in reliance upon exemption provided for in Regulation 10 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
| 1. | Name of the Target Company (TC) | Majesco Limited | |||||
|---|---|---|---|---|---|---|---|
| $\overline{2}$ . | Name of the acquirer(s) | Mrs. Girija Ram | |||||
| 3. | Name of the stock exchange where sharesof the TC are listed | National Stock Exchange of India LimitedBSE Limited | |||||
| 4. | Details of the transaction including rationale,if any, for the transfer/ acquisition of shares. | Acquisition of shares pursuant to transmission ofshares from spouse Late Mr. Sudhakar Ram | |||||
| 5. | Relevant regulation under which the acquireris exempted from making open offer. | 10(1)(g) | |||||
| 6. | Whether disclosure of proposed acquisitionwas required to be made under regulation 10(5) and if so, | No | |||||
| - Whether disclosure was made and whetherit was made within the timeline specifiedunder the regulations. | Not Applicable | ||||||
| - Date of filing with the stock exchange. | Not Applicable | ||||||
| 7. | Details of acquisition | Disclosures required to | Whether the | ||||
| be made underregulation 10(5) | disclosures underregulation 10(5) are | ||||||
| actually made | |||||||
| a. | Name of the transferor/ seller | Not Applicable | Not Applicable | ||||
| b. | Date of acquisition | Not Applicable | Not Applicable | ||||
| C. | Number of shares/ voting rights inrespect of the acquisitions from eachperson mentioned in 7(a) above | Not Applicable | Not Applicable | ||||
| d. | Total shares proposed to be acquired/actually acquired as a % of diluted sharecapital of TC | Not Applicable | Not Applicable | ||||
| е. | Price at which shares are proposed tobe acquired/ actually acquired | Not Applicable | Not Applicable | ||||
| 8. | Shareholding details | Pre-Transaction | Post-Transaction | ||||
| No. of | % w.r.t. | No. of | % w.r.t. | ||||
| shares | total share | shares | total share | ||||
| held | capital of | held | capital of | ||||
| TC | TC | ||||||
| a.b. | Each Acquirer/ Transferee(*)Each Seller/ Transferor | 2,66,928 | 0.89% | 13,73,691 | 4.56% | ||
| 11,06,763 | 3.67% | NIL | N.A. |
Jui ja fame Girija Ram
Place: Mumbai Date: December 8, 2020
NOTE:
- . (*) Shareholding of each entity shall be shown separately and then collectively in a group.
- The above disclosure shall be signed by the acquirer mentioning date & place. In case, there is more $\bullet$ than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers.