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.

Centum Electronics Ltd Major Shareholding Notification 2023

Aug 19, 2023

61011_rns_2023-08-19_13c425c3-77f5-47f6-acc1-f40589c803d1.pdf

Major Shareholding Notification

Open in viewer

Opens in your device viewer

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
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
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,
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-