DCM Ltd. — Major Shareholding Notification 2019

Dec 12, 2019

Date: , /-- 12- .:? ^D 13

· .

National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla Complex Bandra (E), Mumbai - 400 051

Bombay Stock Exchange Limited Corporate Relationship Department, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001,

NSE Scrip Symbol: DCM BSE Scrip Code: 502820

Sub: Disclosure under Regulation 10(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (the "SEBI Takeover Regulations, 20ll")

Dear Sir(s),

Please find attached herewith a disclosure (along with its requisite attachments) under Regulation 10(5) of the SEBI Takeover Regulations, 2011, with respect to acquisition of 33,43,126 (Thirty Three Lakh Forty Three Thousand One Hundred and Twenty Six Only) equity shares of DCM Limited by way of gift, without any consideration, from Dr. Vinay Bharat Ram. This would constitute an inter-se transfer of shares between "qualifying persons" in terms of Regulation 10(1)(a)(i) and 10(1)(a)(ii) of the SEB!Takeover Regulations, 2011.

We therefore request you to please take note of the same and disseminate the same to the public.

Thanking You, Yours faithfully,

sum~Ram

Date: !I-I ~-> ()1.9 Place: New Delhi

CC: The Board of Directors/ Company Secretary DCM Limited Vikrant Tower, 4, Rajendra Place, New Delhi-llOOOS

Format for Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations. 2011

1.	Name of the Target Company (TC)	DCM Limited
2.	Name of the acquirer(s)	Sumant Bharat Ram
3.	Whether the acquirer(s) is! are promoters of the TC prior to the transaction. If not, nature of relationship or association with the TC or its promoters	Yes, the acquirer is part of promoter group and holds 0.07% in the target company
4.	Details of the proposed acquisition
	a. Name of the person(s) from whom shares are to be acquired	Dr. Vinay Bharat Ram
	b. Proposed date of acquisition	On or after December 19, 2019
	Number of shares to be acquired from c. each person mentioned in 4(a) above	33,43,126 Equity Shares
	d. Total shares to be acquired as % of share capital of TC	17.90%
	e. Price at which shares are proposed to be acquired	NIL (the shares are being acquired as gift, and no consideration will be paid by acquirer to existing shareholder)
	f. Rationale, if any, for the proposed transfer	amongst qualifying Inter-se transfer of shares persons as defined in Regulation 10(1)(a)(i) and 10(1)(a)(ii) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
5.	Relevant sub-clause of regulation 10(1)(a) under which the acquirer is exempted from making open offer	Regulation 10(1)(a)(i) and 10(1)(a)(ii) of SEBI (Substantial Acquisition of shares and takeovers) regulations, 2011

6.	If, frequently traded, volume weighted average 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 volume of trading in the shares of the TC are recorded during such period.	Not Applicable, since the proposed transfer of equity shares of the Target Company is by way of a gift and no consideration will be paid.
7.	If in-frequently traded, the price as determined in terms of clause (e) of sub-regulation (2) of regulation 8.	Not Applicable, since the proposed transfer of equity shares of the Target Company is by way of a gift and no consideration will be paid.
8.	Declaration by the acquirer, that the acquisition price would not be higher by more than 25% of the price computed in point 6 or point 7 as applicable.	Not Applicable, since the proposed transfer of equity shares of the Target Company is by way of a gift and no consideration will be paid.
9.	Declaration by the acquirer, that the li. Transferor and Transferee have complied (during 3 years prior to the date of proposed acquisition) / will comply with applicable disclosure requirements of Chapter $\vee$ the Takeover in Regulations, 2011 (corresponding provisions of the repealed Takeover Regulations 1997) ii. The aforesaid disclosures made during previous 3 years prior to the date of proposed acquisition to be furnished.	We hereby declare that all the applicable provisions of Chapter V of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 shall be complied with.
10.	Declaration by the acquirer that all the specified under regulation conditions $10(1)(a)$ with respect to exemptions has been duly complied with.	We hereby declare that all the conditions, as applicable to this transaction, as specified under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 with respect to exemptions have been duly complied with.

Klan

$\frac{1}{\sqrt{2}}$ , $\frac{1}{\sqrt{2}}$

11. Shareholding details		Before the		After the
		proposed		proposed
		transaction		transaction
		% w.r.t	No. of	% w.r.t
	shares	total	shares	total
	/voting	share	/voting	share
	rights	capital of	rights	capital of
		TC		TC
Acquirer(s) and PACs a
(other than sellers)
1. Sumant Bharat Ram	13,806	0.07%	33,56,932	17.97%
2. Rahil Bharat Ram	4,852	0.03%	4,852	0.03%
3. Yuv Bharat Ram	4,800	0.02%	4,800	0.02%
Seller(s) b
Dr. Vinay Bharat Ram	90,43,126	48.42%	57,00,000	30.52%

Date- (/·-/2-;:>61.9 Place: New Delhi