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Centum Electronics Ltd — Major Shareholding Notification 2023
Aug 18, 2023
61011_rns_2023-08-18_89f7e52c-713d-40cc-a3e0-34d4e63eee13.pdf
Major Shareholding Notification
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Date: i '1 / D & / o/.O ,U,
From:
Tanya Mallavarapu, No.5, 2°ctstreet, Subba Rao Avenue, Nungambakkam, Chennai 600 006
To,
| Listing Department | Department of Corporate Services - Listing |
|||
|---|---|---|---|---|
| National Stock Exchange of India Limited | BSE Limited | |||
| Exchange Plaza, | P. J. Towers, | |||
| Bandra Kurla Complex, | Dalal Street, | |||
| Bandra (East), Mumbai - 400 051 | Mumbai - 400 001 | |||
Sub: Prior Intimation under Regulation 10(5) of Securities Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for proposed acquisition of shares by way of gift
Ref: Target Company: Centum Electronics Limited, ISIN: INE320B01020
Dear Sir/Madam,
I being an immediate relative of the Promoter Group, hereby submit prior intimation via disclosures as required under Regulation 10(5) of SEBI (SAST) Regulations, 2011 for acquisition of 6,44,240 Equity shares of the Company by way of inter-se transfer of shares from Mr.Apparao V Mallavarapu.
Kindly take note of the same on records and acknowledge the receipt of the same.
Thanking you, Yours sincerely, A A ~-\V\
Tanya~rapu
Enclosures : a/a
Disclosures under Regulation lQ<S} Intimation to Stock Exchanges in respect of acquisition under Regulation IQO}<a} of SEBI <Substantial Acquisition of Shares and Takeovers} Regulations, 2011
| ----·--· 1. |
Name of the Tarn:et Comnany (TC) | ~ENTUM ELECTRONICS LIMITED | ||
|---|---|---|---|---|
| 2. | Name of the acquirer(s) | ····-----· Ms.Tanya Mallavarapu |
||
| 3. | Whether the acquirer(s) is/ are promoters of the !'he acquirer is an immediate relative of the | |||
| TC prior to the transaction. If not, nat11re of ransferor and belongs to the Promoter | ||||
| relationship or association with the TC or its Group. | ||||
| promoters | Acquirer, Ms.Tanya Mallavarapu is the | |||
| 'aughter ofMr.Apparao V Mallavarapu | ||||
| Transferor) | ||||
| 4. | Details of the proposed acquisition | |||
| a. Name of the person(s) from whom shares are | Mr.Apparao V Mallavarapu | |||
| to be acquired | ' | |||
| b. Proposed date of acauisition | Un or after J.1/08 /tl,oJ3. | |||
| C. Number of shares to be acquired from each | ' 6,44,240 |
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| person mentioned in 4( a) above | ||||
| d. Total shares to be acquired as % of share 5% capital of TC |
||||
| e. Price at which shares are proposed to be | Nil | |||
| acquired | lnter-se transfer of shares amongst | |||
| immediate relatives as Gift. Therefore, no | ||||
| k:onsideration is involved. | ||||
| Rationale, if any, for the proposed transfer f. |
rhe proposed acquisition is only a private family arrangement. |
|||
| 5. | Relevant sub-clause of regulation lO(l)(a) under Regulation IO(l)(a)(i) which the acquirer is exempted from making open Immediate Relatives |
|||
| offer | ||||
| I-----····-- 6. |
If, frequently traded, volume weighted average Not Applicable | |||
| market price for a period of 60 trading days | ||||
| preceding the date of issuance of this notice as traded on the stock exchange where the maximum way of Gift and therefore no consideration is |
fhe shares are proposed to be transferred by | |||
| volume of trading in the shares of the TC are | involved. | |||
| recorded during such period. | ||||
| 7. | If in-frequently traded, the price as determined in Not Applicable | |||
| of of sub-regulation (2) terms of clause (e) |
||||
| regulation 8. | !'he shares are proposed to be transferred by way of Gift and therefore no consideration is |
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| involved. | ||||
| Declaration by the acquirer, that the acquisition \Jot Applicable | ||||
| 8. | price would not be higher by more than 25% of | |||
| point 6 or point 7 as the price computed II1 |
fhe shares arc proposed to be transferred by | |||
| applicable. | way of Gift and therefore no consideration is | |||
| ___ ____ L,._ | involved . ·-· |
| 9. | of | --·-·-·--~- ···-····-··--- ---~·---~·--·-····-···-·-·- ·····--·· Declaration by the acquirer, that the and transferee have complied / will comply with applicable disclosure requirements in Chapter V Takeover Regulations, the repealed 2011 of the ( corresponding prov1s10ns Takeover Reimlations 1997) |
··-· transferor I hereby declare that the transferor and ransferee has complied / will comply with he applicable disclosure requirements in 2011 Chapter V of the Takeover Regulations, |
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|---|---|---|---|---|---|---|
| 10. | Declaration by the acquirer that all the conditions I hereby declare that all the conditions specified under regulation lO(l)(a) with respect to specified under Regulation 10(1 )(a) with exemptions has been duly complied with. |
respect to exemptions has heen duly k;omplied with. |
||||
| 11. | Shareholding details | No. of shares /voting rights |
Before the proposed transaction % w.r.t total share capital of TC |
No. of shares /voting rights |
After the proposed transaction % w.r.t total share capital ofTC |
|
| a | Acquirer(s) and PACs (other than sellers)(*) Ms.Tanya Mallavarapu |
- | - | 6,44,240 | 5 | |
| b | Seller (s) Mr.Apparao V Mallavarapu |
66,04,715 | 51.26 | 59,60,475 | 46.26 |
Note:
- (*) Shareholding of each entity may 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 :;::_,,.::r~ do 00 00 bebalfof ,11 ilio ,,s,;re~
TanyaC.apu
Date: 11/o&{oco.J..3 Place: [1-t€NN i+''.f-