AI assistant
BSL Ltd. — Major Shareholding Notification 2025
Feb 19, 2025
61765_rns_2025-02-19_38a3fa5c-9e6b-4edc-bb44-871005dd2d1c.pdf
Major Shareholding Notification
Open in viewerOpens in your device viewer
REDROSE VANIJYA LLP
Regd. Office: Room No.303, 3[rd] Floor, Gate No.-2, Poddar Court, 18, Rabindra Sarani, Kolkata-700001 LLPIN: ACL-8811
Email: [email protected]; Tel: 033-40647374
Date: 19[th ] February, 2025
BSE Ltd. National Stock Exchange of CC: 1[st] Floor, New Trading Wing, India Limited (NSE) The Company Secretary , Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, BSL Limited, Dalal Street, Fort, Mumbai - 400001 Bandra Kurla Complex, Post Box No. 16-17, Mandpam, Email : [email protected] Bandra (E), Mumbai – 400 051 Bhilwara- 311011 (Rajasthan) Email: [email protected] Email : [email protected]
Dear Sir/ Madam,
Subject: Disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011 (“Takeover Regulations”).
Please find enclosed a disclosure under Regulation 29(2) of the Takeover Regulations disclosing acquisition pursuant to a scheme of arrangement not directly involving the target company i.e. BSL Limited.
Kindly take the same on record.
Thanking you
Yours faithfully,
For Redrose Vanijya LLP (Formerly known as Redrose Vanijya Private Limited) Digitally signed by RIJU RIJU JHUNJHUNWALA JHUNJHUNWALA Date: 2025.02.19 13:26:29 +05'30'
(Riju Jhunjhunwala) Designated Partner DPIN: 00061060
Encl: As above
REDROSE VANIJYA LLP
Regd. Office: Room No.303, 3[rd] Floor, Gate No.-2, Poddar Court, 18, Rabindra Sarani, Kolkata-700001 LLPIN: ACL-8811
Email: [email protected]; Tel: 033-40647374
Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“Takeover Regulations”)
| Name of the Target Company (TC) | Name of the Target Company (TC) | BSL Limited | BSL Limited | BSL Limited |
|---|---|---|---|---|
| Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer |
Redrose Vanijya LLP (Formerly known as Redrose Vanijya Private Limited(“Acquirer”) |
|||
| Whether the acquirer belongs to Promoter/Promoter group | Yes, pursuant to Scheme of Arrangement | |||
| Name(s) of the Stock Exchange(s) where the shares of TC are Listed | National Stock Exchange of India Limited (NSE) and BSE Limited(BSE) |
|||
| 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 under consideration, holding of: a) Shares carrying voting rights b) Shares in the nature of encumbrance (pledge/ lien/non- disposal undertaking/ others) c) Voting rights (VR) otherwise than by shares d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the T C (specify holding in each category) e) Total (a+b+c+d) |
Nil Nil Nil Nil Nil |
NA NA NA NA NA |
NA NA NA NA NA |
|
| Details of acquisition~~/sale~~ a) Shares carrying voting rights acquired/~~sold~~ b) VRs acquired/~~sold~~otherwise than by 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 encumbered / invoked/released by the acquirer e) Total (a+b+c+/-d) |
6,57,270 Nil Nil Nil 6,57,270 |
6.39 NA NA NA 6.39 |
6.39 NA NA NA 6.39 |
|
| After the acquisition/~~sale,~~holding of:: a) Shares carrying voting rights b) Shares encumbered with the acquirer c) VRs otherwise than by shares d) 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 e) Total (a+b+c+d) |
6,57,270 Nil Nil Nil 6,57,270 |
6.39 NA NA NA 6.39 |
6.39 NA NA NA 6.39 |
| Mode of acquisition /~~sale~~(e.g. open market / off-market / public issue / rights issue/ preferential allotment / inter-se transfer etc). |
Acquisition pursuant to the Scheme (as defined hereinafter).(1) |
|---|---|
| Date of acquisition /~~sale of shares~~/ VR or date of receipt of intimation of allotment of shares, whichever is applicable |
17th February, 2025 |
| Equity share capital / total voting capital of the TC before the said acquisition /~~sale~~ |
Rs. 10,29,21,680 divided into 1,02,92,168 Equity Shares of Rs. 10 each |
| Equity share capital/ total voting capital of the TC after the said acquisition /~~sale~~ |
Rs. 10,29,21,680 divided into 1,02,92,168 Equity Shares of Rs. 10 each |
| Total diluted share/voting capital of the TC after the said acquisition | Rs. 10,29,21,680 divided into 1,02,92,168 Equity Shares of Rs. 10 each |
Notes:
- Bharat Investment Growth Limited, Dreamon Commercial Private Limited, Investors India Limited, India Texfab Marketing Limited, Kalati Holdings Private Limited and Shashi Commercial Company Limited (“ Amalgamated Companies ”) hold 6,57,270 equity shares of the TC representing 6.39% of the fully paid up equity share capital of the TC.
Pursuant to a Scheme of Arrangement of M/s Alankrit Vyapaar Private Limited, M/s Captain Trade & Agencies Private Limited, M/s Dreamon Commercial Private Limited, M/s Emersec Holdings Private Limited, M/s Jemco Vanijya Private Limited, M/s Jet (India) Private Limited, M/s M. L. Finlease Private Limited, M/s Nikita Electrotrades Private Limited, M/s Purvi Vanijya Niyojan Limited, M/s Raghav Commercial Limited, M/s Shashi Commercial Company Limited, M/s Strength Fincap Markets Private Limited, M/s Bharat Investment Growth Limited, M/s Giltedged Industrial Securities Limited, M/s Investors India Limited, M/s India Texfab Marketing Limited, M/s Kalati Holdings Private Limited, M/s LNJ Financial Services Limited, M/s N R Finvest Private Limited, M/s Shrasti Marketing Private Limited and M/s Uttri Investments Private Limited with Redrose Vanijya Private Limited (“ Scheme ”), as sanctioned by the Hon’ble National Company Law Tribunal, Kolkata Bench vide its Order dated 24[th] October, 2024 read with Corrigendum Order dated 01[st] January, 2025, the Amalgamated Companies involved in the Scheme have been amalgamated with Redrose Vanijya Private Limited and consequently, Redrose Vanijya Private Limited has indirectly acquired 6P.39% of the voting rights on the equity shares held by the Amalgamated Companies in the TC.
-
Subsequently, Redrose Vanijya Private Limited has been converted into Limited Liability Partnership (“LLP”) under the name and style of M/s Redrose Vanijya LLP vide certificate of incorporation dated 06th February, 2025 with the LLP Identification Number ACL-8811. Therefore, the above holding would be held by M/s Redrose Vanijya LLP.
-
(*) 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.
For Redrose Vanijya LLP
(Formerly known as Redrose Vanijya Private Limited)
RIJU Digitally signed by RIJU JHUNJHUNWALA JHUNJHUNWAL Date: 2025.02.19 A 13:26:59 +05'30' (Riju Jhunjhunwala) Designated Partner DPIN: 00061060
Date: 19.02.2025