Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Blue Star Ltd Major Shareholding Notification 2019

Jul 8, 2019

61425_rns_2019-07-08_2b36e22a-63f3-42e7-87ae-531bffaa6875.pdf

Major Shareholding Notification

Open in viewer

Opens in your device viewer

July 08, 2019

To,

General Manager, National Stock Exchange of India Mr. Vijay Devadiga,
DepartmentofCorporate Ltd. SecretaryCompanyand
Services, The Listing Compliance Dept. Compliance Officer
14 th Floor, BSE Limited, Exchange Plaza, Blue Star Limited
Phiroze Jeejeebhoy Towers, Plot no. C/1, G Block, Kasturi Buildings,Mohan T
Dalal Street, Mumbai - 400 001 Bandra-Kurla Complex Advani Chowk, Jamshedji Tata
Bandra (E) Mumbai - 400 051. Mumbai-400020Road,

DISCLOSURE UNDER REGULATION 29(2) OF SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011

Name of the Target Company (TC)1. Blue Star Limited ('Company')
Name(s) of the acquirer and Persons Acting2.in Concert (PAC) with the acquirer Vistra ITCL (India) Limited ('Vistra ITCL')(In our capacity as Trustee on behalf of SNAFamily Trust & NSA Family Trust)
Whetherbelongs3 1theacquirertoPromoter/Promoter group Yes, SNA Family Trust & NSA Family Trustbelongs to promoter group
Name(s) of the Stock Exchange(s) where the4.shares of TC are Listed BSE Limited (BSE)National Stock Exchange of India Limited (NSE)
Details of the acquisition / disposal as follows5. Number $%$ w.r.t. totalshare/votingcapitalwhereverapplicable $(*)$ % w.r.t.total dilutedshare/votingcapital ofthe TC $(**)$
Before the acquisition under consideration,holding of :
a) Shares carrying voting rights 1,96,75,531 20.43%
b) Shares in the nature of encumbrance (pledge/lien/non-disposal undertaking/ others)
c) Voting rights (VR) otherwise than by shares
Warrants/convertible securities/anyd)otherinstrument that entitles the acquirer to receiveshares carrying voting rights in the TC (specifyholding in each category)
Total $(a+b+c+d)$ 1,96,75,531 20.43%

Registered office: The IL&FS Financial Centre Plot No. C-22, G Block, 7th Floor Bandra Kurla Complex, Bandra (East) Mumbai 400051, India

Tel: +91 22 2659 3535 Fax: +91 22 2653 3297 Email: [email protected] www.vistraitcl.com

Page 1 of 3

VISTR
Details of acquisition/ Sale
a) Shares carrying voting rights acquired / sold 46,00,000 4.78%
b) VRs acquired/sold otherwise than by shares
Warrants/convertible securities/any other$\mathbf{c}$
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category) acquired/sold
d) Shares encumbered/invoked/released by the
acquirer
Total $(a+b+c+d)$ 46,00,000 4.78% ------
After the acquisition/ sale holding of:
a) Shares carrying voting rights 2,42,75,531 25.21%
b) Shares encumbered with the acquirer
c) VRs otherwise than by shares
Warrants/convertible securities/anyd).otherinstrument that entitles the acquirer to receiveshares carrying voting rights in the TC (specifyholding in each category) after acquisition
Total $(a+b+c+d)$ 2,42,75,531 25.21%
Mode of acquisition/ sale (e.g. open market /offmarket/ public issue / rights issue / preferentialallotment / inter-se transfer, etc.) group Inter-se transfer between promoter and promoter
Date of acquisition / sale of shares/VR or date ofreceipt of intimation of allotment of shares,whichever is applicable July 4, 2019
Equity share capital / total voting capital of the TCbefore the said acquisition/sale 9,63,13,888 Shares (As per shareholding patternavailable on BSE website for quarter ended March2019)
Equity share capital/ total voting capital of the TCafter the said acquisition/ sale 9,63,13,888 Shares (As per shareholding patternavailable on BSE website for quarter ended March2019)
Total diluted share/voting capital of the TC afterthe said acquisition ----

(*) Total share capital/voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.

(**) 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.

Page 2 of 3

Registered office: The IL&FS Financial Centre Plot No. C-22, G Block, 7th Floor Bandra Kurla Complex, Bandra (East) Mumbai 400051, India

Tel: +91 22 2659 3535 Fax: +91 22 2653 3297 Email: [email protected] www.vistraitcl.com

Notes

Vistra ITCL (India) Limited is acting as a trustee to SNA Family Trust & NSA Family Trust.

$46,00,000$ (23,00,000 + 23,00,000) Equity Shares of Blue Star Limited have been transferred to SNA Family Trust & NSA Family Trust on July 4, 2019.

As per the Securities Exchange Board of India letter dated August 08, 2014 (enclosed for your reference), the primary onus of complying with the provisions of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 is of the transferor and not on the Trustee. However, out of abundant caution, Vistra ITCL in its capacity as Trustee is disclosing and filing this disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

For Vistra ITCL (India) Limited Vinited ndia) Authorised Signatory $\mathbb{Q}$ $6)$ ा Place: Mumbai

Encl.: As above

Registered office: The IL&FS Financial Centre Plot No. C-22, G Block, 7th Floor Bandra Kurla Complex, Bandra (East) Mumbai 400051, India

Tel: +91 22 2659 3535 Fax: +91 22 2653 3297 Email: [email protected] www.vistraitcl.com