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DCM Ltd. — Major Shareholding Notification 2019
Dec 20, 2019
61500_rns_2019-12-20_ae0d13c4-b570-40b8-a1a8-a3b0aef2a96c.pdf
Major Shareholding Notification
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SUMANT BHARAT RAM B-69, PASCHIMI MARG, VASANT VIHAR, NEW DELHI - 110 057
Date: :2 t:>/ 12/ :;?e> 13
National Stock Exchange of India Limited Exchange Plaza, Plot No. Cl1, G Block, Bandra Kurla Complex Bandra (E), Mumbai - 400 051
NSE Scrip Symbol: DCM BSEScrip Code: 502820
Bombay Stock Exchange Limited Corporate Relationship Department, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001
Sub: Disclosure under Regulation 10(6)of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Dear Sir(s),
Please find attached herewith a disclosure under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) 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 /I qualifying persons" in terms of Regulation 10(1)(a)(i) and 10(1)(a)(ii) of the SEBI(Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
We therefore request you to please take note of the same and disseminate the same to the public.
Thanking You, Yours faithfully,
Date: ~c /1.2 J <. a 1..9 Place: New Delhi
CC: The Board of Directors/ Company Secretary DCMLimited Vikrant Tower, 4, Rajendra Place, New Delhi-ll0008
Format for Disclosures under Regulation 10(6) - Report to Stock Exchanges in respect of any acquisition made in reliance upon exemption provided for in Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
| 1 | Name of the Target Company (TC) |
DCMLIMITED | ||||
|---|---|---|---|---|---|---|
| 2 | Name of the acquirer(s) | SUMANT BHARAT RAM | ||||
| 3 | Name of the Stock Exchange where shares of the TC are listed |
BSE Limited; and National Stock Exchange of India Limited |
||||
| 4 | Details of the transaction including rationale, if any, for the transfer/acquisition of shares |
33,43,126 Equity Shares of Target Company, constituting 17.90% of the paid up capital of the Target Company have been acquired by Sumant Bharat Ram as inter-se transfer of shares by way of without gift, any consideration, amongst in qualifying persons as defined Regulation and Securities 10(1)(a)(i) 10(1)(a)(ii) of and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 |
||||
| 5 | exempted | Relevant regulation under which the acquirer is 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 | Whether required if so, - whether |
disclosure of proposed acquisition was to be made under regulation 10(5) and disclosure was made and whether it was made within the timeline specified under the regulations. - Date of filing with the stock exchange |
Yes, the disclosure was made within the timelines specified under the regulations. |
|||
| 7 | Details of acquisition | Disclosures made/ required to be made under Regulation 10(5) |
Whether the disclosures under Regulation 10(5) are actually made |
|||
| a. | Name of the transferor/seller | DR. VINAY BHARAT RAM | Yes | |||
| b. | Date of acquisition | December 19, 2019 |
||||
| c. | Number of shares/ voting rights in respect of the acquisitions from each person mentioned in 7(a) above |
33,43,126 | ||||
| d. | Total shares proposed to be acquired/ actually acquired as a % of diluted share capital of TC |
17.90% | ||||
| e. | Price at which shares are proposed to be acquired/ actually acquired |
NIL (the shares are being transferred as gift and no consideration will be paid by acquirer) |
| 8 | Shareholding details |
Pre-Transaction | Post Transaction |
||||
|---|---|---|---|---|---|---|---|
| No. of shares held |
% w.r.t total share capital of TC |
No. of shares held |
%w.r.t total share capital ofTC |
||||
| a | Each Acquirer/ Transferee(*) |
||||||
| SUMANT BHARAT RAM |
13,806 | 0.07% | 33,56,932 | 17.97% | |||
| b | Each Seller/ Transferor |
||||||
| DR. VINAY BHARAT RAM |
90,43,126 | 48.42% | 57,00,000 | 30.52% |
Note:
- 1.(*)Shareholding of each entity shall be shown separately and then collectively in a group.
-
- The above disclosure shall be signed by the acquirer mentioning date and place. In case, there is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers.
Yours faithfully,
Su
Date: <- 0) 1:2./ '< 0 1.9 Place: New Delhi