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Aurum PropTech Limited — Major Shareholding Notification 2020
Dec 28, 2020
62518_rns_2020-12-28_48a07f1e-a264-4161-be13-0d559421161c.pdf
Major Shareholding Notification
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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 SEBI(Substantial Acquisition of Shares and Takeovers) Regulations, 2011
| 1. | Name of the Target Company (TC) | Majesco Limited ("Target Company") | ||||
|---|---|---|---|---|---|---|
| 2. | Name of the acquirer(s) | HI5 Youth Foundation ("Acquirer") | ||||
| 3. | Name of the stock exchange where | BSE Limited ("BSE") | ||||
| shares of the TC are listed | National Stock ExchangeLimitedof India("NSE") | |||||
| 4. | Details of the transactionincludingrationale, if any, for thetransfer/acquisition of shares. | Inter-se transfer of shares by way of a giftamongst 'QualifyingPersons', i.e.fromMr. Radhakrishnan Sundar and Mrs.UshaSundar to the Acquirer | ||||
| 5. | offer. | Relevant regulation under which theacquirer is exempted from making open | Regulation 10(1)(a)(iii) | |||
| 6. | WhetherdisclosureofproposedYes, disclosure under regulation 10(5) wasacquisition was required to be maderequired.under regulation 10(5) and if so, | |||||
| whether disclosure was made andwhether it was made withinthetimelinespecifiedundertheregulations. | Yes, prior disclosure of the transfer was madeunder regulation 10(5) as per the specifiedtimeline. | |||||
| - date of filing with the stock exchange. | BSE - December 10, 2020NSE - December 10, 2020 | |||||
| 7. | Details of acquisition | Whether theDisclosures requiredto be made underdisclosures underregulation 10(5)regulation 10(5) areactually made | ||||
| a. | Name of the transferor/ seller | Mr. Radhakrishnan(i)Sundar(ii) Mrs. Usha Sundar | (i) Mr. RadhakrishnanSundar(ii) Mrs. Usha Sundar | |||
| b. | Date of acquisition | On or after December17, 2020 | December 18, 2020 | |||
| С. | Number of shares/ voting rights inrespect of the acquisitions fromeach person mentioned in 7(a)above | (i) Mr. Radhakrishnan (i) Mr. RadhakrishnanSundarUp to a maximum of6,00,000 equity sharesof the Target Company | Sundar6,00,000equityshares of the TargetCompany | |||
| (ii) Mrs. Usha SundarUp to a maximum of1,000 equity shares ofthe Target Company | (ii) Mrs. Usha Sundar1,000 equity shares ofthe Target Company | |||||
| d. | proposed to beTotalsharesacquired/actually acquired as a %of diluted share capital of TC | Up to 6,01,000 equityshares representing2.10% of the totalequity share capital ofthe Target Company | 6,01,000 equityshares representing2.10% of the totalequity share capital ofthe Target Company |
| whichPricesharesareate.proposed to be acquired/ actuallyacquired | Not applicable, as theacquisition is by wayof gift | Not applicable, as theacquisition is by wayof gift | ||||
|---|---|---|---|---|---|---|
| 8. | Shareholding details | Pre-Transaction | Post-Transaction | |||
| No. ofsharesheld | % w.r.t.totalsharecapital ofTC | No. ofsharesheld | % w.r.t.totalsharecapital ofTC | |||
| a. | Each Acquirer/ Transferee(*) | |||||
| Acquirer | $\overline{0}$ | 0% | 6,01,000 | 2.10% | ||
| b. | Each Seller/ Transferor | |||||
| Mr. Radhakrishnan SundarMrs. Usha Sundar | 7,26,6184,60,000 | 2.54%1.60% | 1,26,6184,59,000 | 0.44%1.60% |
For and on behalf of HI5 Youth Foundation
Radhakrishnan Sundar Director
Date: December 24, 2020
Place: Mumbai
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 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.
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