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Blue Star Ltd — Major Shareholding Notification 2019
Jul 8, 2019
61425_rns_2019-07-08_cf794f5b-57ba-464c-a272-6bf3c3dcf902.pdf
Major Shareholding Notification
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| BSE Limited | National Stock Exchange of India Limited |
|---|---|
| Phiroze Jeejeebhoy Towers, | Exchange Plaza, C-1, Block G, |
| Dalal Street, | Bandra Kurla Complex, Bandra (East), |
| Mumbai - 400 001 | Mumbai - 400 051 |
| BSE Scrip Code: 500067 | NSE Symbol: BLUESTARCO |
July 8, 2019
Dear Sir,
Sub: Disclosure under Regulation 29 (1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Ref: Blue Star Limited
Pursuant to regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, I hereby report the attached disclosure in the prescribed format.
Kindly take the same on your record.
Thanking You, Yours faithfully,
diver
Vir S Advani Place: Mumbai
Encl: As Above
Cc : BLUE STAR LIMITED Kasturi Building, J. Tata Road, Mohan T. Advani Chowk.
Disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Part-A- Details of the Acquisition
| Name of the Target Company (TC) | Blue Star Limited |
|---|---|
| Name(s) of the acquirer and Persons Acting inConcert (PAC) with the acquirer | AcquirerVir S AdvaniVistra ITCL (India) Limited (on behalf of SNAFamily Trust)Vistra ITCL (India) Limited (on behalf of NSAFamily TrustPerson Acting in Concert - As per Annexure |
| Whether the acquirer belongs to Promoter/Promotergroup | Yes |
| Name(s) of the Stock Exchange(s) where theshares of TC are Listed | BSE LimitedNational Stock Exchange of India Ltd |
232, Urvashi Petit Hall Complex, Nepean Sea Road,Mumbai 400 006
| Details of the acquisition as follows | Number | % w.r.t.totalshare/voting capitalwhereverapplicable$(\ast)$ | % w.r.t.total dilutedshare/voting capital ofthe TC $(**)$ |
|---|---|---|---|
| Before the acquisition under consideration,holding of acquirer along with PACs of: | |||
| a) Shares carrying voting rightsAcquirer | |||
| 1. Vir S Advani | 74,625 | 0.08 | |
| 2. Vistra ITCL (India) Limited (on behalf of SNAFamily Trust) | |||
| 3. Vistra ITCL (India) Limited (on behalf of NSAFamily Trust) | |||
| Person Acting in Concert | 3,72,56,062 | 38.68 | |
| b) Shares in the nature of encumbrance (pledge/lien/ non disposal undertaking/ others) | |||
| c) Voting rights (VR) otherwise than by equity shares | |||
| d)Warrants/convertible securities/any other instrumentthat entitles the acquirer to receive sharescarrying voting rights in the TC (specify holdingin each category) | |||
| e) Total (a+b+c+d) | 3,73,30,687 | 38.76 |
| Details of Acquisitiona) Shares carrying voting rights acquired | |||
|---|---|---|---|
| 1. Vir S Advani | 10,00,000 | 1.03 | |
| 2. Vistra ITCL (India) Limited (on behalf of SNAFamily Trust) | 23,00,000 | 2.38 | |
| 3. Vistra ITCL (India) Limited (on behalf of NSAFamily Trust | 23,00,000 | 2.38 | |
| b) VRs otherwise than by equity sharesc) Warrants/convertiblesecurities/anyotherinstrument that entitles the acquirer to receiveshares carrying voting rights in the TC (specifyholding in each category) after acquisition | |||
| d) Sharesinthenatureofencumbrance(Pledge/lien/non-disposal undertaking /others) | |||
| $e)$ Total (a+b+c+d) | 56,00,000 | 5.79 | |
| After the acquisition, holding of acquireralong with PACs of: | |||
| a) Shares carrying voting rightsAcquirer | |||
| 1. Vir S Advani | 10,74,625 | 1.12 | |
| 2. Vistra ITCL (India) Limited (on behalf of SNAFamily Trust) | 23,00,000 | 2.38 | |
| 3. Vistra ITCL (India) Limited (on behalf of NSAFamily Trust | 23,00,000 | 2.38 | |
| Person Acting in Concert | 3, 16, 56, 062 | 32.87 | |
| b) VRs otherwise than by equity sharesc) Warrants /convertible securities /anyother | |||
| instrument that entitles the acquirer to receiveshares carrying voting rights in the TC (specify | |||
| holding in each category) after acquisitionsharesthenatureinof encumbranced)(Pledge/lien/non- disposal undertaking /others) | |||
| $e)$ Total (a+b+c+d) | 3,73,30,687 | 38.76 |
| Mode of acquisition (e.g. open market / public issue /rights issue / preferential allotment / inter-setransfer/encumbrance, etc.) | Off market Inter se Transfer betweenPromoter and Promoter Group | ||
|---|---|---|---|
| Salient features of the securities acquired includingtime till redemption, ratio at which it can beconverted into equity shares, etc. | NA | ||
| Date of acquisition of/ date of receipt of intimation ofallotment of shares / VR/ warrants/convertiblesecurities/any other instrument that entitles theacquirer to receive shares in the TC. | July 4, 2019 | ||
| Equity share capital / total voting capital of the TCbefore the said acquisition | 9,63,13,888 equity shares of Rs 2 each | ||
| Equity share capital / total voting capital of the TCafter the said acquisition | 9,63,13,888 equity shares of Rs 2 each | ||
| Total diluted share/voting capital of the TC after thesaid acquisition | NA |
Note:
(*) Total share capital/ voting capital to be taken as per the latest filing done by the Company to the Stock Exchange under Regulation 31 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
(**) 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.
For and on behalf of the Acquirers
Colvan
Vir S Advani Promoter Date: July 8, 2019 Place: Mumbai