DCM Ltd. — Major Shareholding Notification 2019

Mar 11, 2019

March 11, 2019

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General Manager,	National Stock Exchange of	Mr. Yadvinder Goyal
Department of Corporate	India Ltd.	Company Secretary & Compliance
Services,	Exchange Plaza,	Officer
14 th Floor, BSE Limited,	Plot no. C/1, G Block,	DCM Limited 4, Rajendra Place,
Phiroze Jeejeebhoy Towers,	Bandra-Kurla Complex	Vikrant Tower, 6th Floor, New
Dalal Street, Mumbai - 400 001	Bandra (E) Mumbai - 400 051.	Delhi, Delhi, 110008

DISCLOSURE UNDER REGULATION 29(2) OF SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011

Name of the Target Company (TC) 1.	DCM Limited
Name(s) of the acquirer and Persons Acting in 2. Concert (PAC) with the acquirer	Vistra ITCL (India) Limited ('Vistra ITCL') (In our capacity as Security Trustee) The IL&FS Financial Centre, Plot C-22, G Block, Bandra-Kurla Complex, Bandra (East) Mumbai 400 051
Whether the acquirer belongs 3 1 to Promoter/Promoter group	No
Name(s) of the Stock Exchange(s) where the 4.	BSE Limited (BSE)
shares of TC are Listed	National Stock Exchange of India Limited (NSEIL)
Details of the acquisition/disposal as follows 5.	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)	14,30,000	7.66%	7.66%
c) Voting rights (VR) otherwise than by equity
shares Warrants/convertible securities/any other d)
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify holding in each category)			Vistr,
e) Total $(a+b+c+d)$	14,30,000	7.66%	7.66% O
			MUIT (BIP)

Tel: +91 22 2659 3535 Fax: +91 22 2653 3297 Email: mumbai@vistra.com www.vistraitcl.com

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Details of acquisition/Sale
a) Shares carrying voting rights acquired
b) VRs acquired otherwise than by equity shares
Warrants/convertible securities/any c) other instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category) acquired
d) Shares in the nature of encumbrance (pledge/
lien/non-disposal undertaking/ others)	(14,30,000)	$(7.66\%)$	$(7.66\%)$
Total $(a+b+c+d)$	(14,30,000)	$(7.66\%)$	$(7.66\%)$
After the acquisition/sale of holding of:
a) Shares carrying voting rights
b) VRs otherwise than by equity shares
Warrants/convertible securities/any c) other
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify holding in each category) after acquisition
d) Shares in the nature of encumbrance (pledge/
lien/non-disposal undertaking/ others)	NIL	NIL	NIL
Total $(a+b+c+d)$	NIL	NIL	NIL
Mode of acquisition (e.g. open market / public	Release of shares
issue / rights issue / preferential allotment / inter-se
transfer/encumbrance, etc.)
Date of acquisition/sale date of receipt of intimation of allotment shares	March 08, 2019
of VR/ warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares in the TC.
Equity share capital / total voting capital of the TC	1,86,77,749 Shares
before the said acquisition
Equity share capital/ total voting capital of the TC after the said acquisition	1,86,77,749 Shares
Total diluted share/voting capital of the TC after	1,86,77,749 Shares
the said acquisition

Registered office:
The IL&FS Financial Centre Plot No. C-22, G Block, 7th Floor
Bandra Kurla Complex, Bandra (East) Mumbai 400051, India

Tel: +91 22 2659 3535 Fax: +91 22 2653 3297 Email: mumbai@vistra.com www.vistraitcl.com

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The Common Street

Note:

14,30,000 Equity Shares of DCM Limited have been released with Vistra ITCL (India) Limited ('Vistra ITCL') on March 08, 2019 in capacity as a Security Trustee in order to secure the respective loan facilitates availed by DCM Limited and Shreshtha Real Estates Private Limited.

As per the Securities Exchange Board of India letter dated August 08, 2014 (enclosed for your reference). the primary onus of complying with the provisions of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 is of the lender and not on the Trustee. However, out of abundant caution, Vistra ITCL, in its capacity as Security Trustee, is disclosing and filing this disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

For Vistra ITCL (India) Limited

rer Authorized Signatory

Compliance officer - Jatin Chonani

Place: Mumbai Date: March 11, 2019

Encl.: As above

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DEPUTY GENERAL MANGER CORPORATION FINANCE DEPARTMENT E-mail: amitt@sebi.gov.in Tel. (Direct): 26449373

भारतीय प्रतिभूति और विनिमय बोर्ड Securities and Exchange Board of India

CFD/PC/CB/QW/ $2^{3475}$ 14 August 08, 2014

IL&FS Trust Company Limited IL&FS Financial center Plot no. C-22, G Block, 5th floor Bandra Kurla Complex Bandra East Mumbai-400051

K.A.: Mr. Narendra Joshi, General Counsel and Compliance Officer Sir.

Sub: Clarification under SEBI(Substantial Acquisition of shares and Takeovers) Regulations, 2011(herein referred to as " Regulations").

• 1. This has reference to your letter dated August 05, 2014 seeking clarification, interalia, as to whether the beneficiary should alone be responsible for compliance with the reporting requirements under the Regulations
• 1. We have considered the submissions made by you in your letter under reference and our views on the issue are as under
• a. The primary onus of complying with the relevant provisions of the Regulations should be either on the entity with whom the shares are pledged (which can be invoked at a later stage only by the entity or under its instructions and the beneficial voting rights will then vest with that entity) or the beneficial owners of the shares and not on the Trustee
• b. However, the Trustee should make it clear to their clients that the onus for compliance with requirements under the Regulations is on them. Further, if the Trustee has reasons to believe that some entities are persons acting in concert in a particular scrip for which it is holding shares in Trust, the onus should be on the Trustee to require the clients to make appropriate disclosures in this regard and he shall not facilitate non-compliance in any manner.
• 1. This letter is being issued with the approval of the competent authority.

Yours faithfully,

AMIT TANDON®

सेबी भवन, प्लॉट सं. सी 4-ए, "जी" ब्लॉक, बांद्रा कुर्ला कॉम्प्लेक्स, बांद्रा (पूर्व), मुंबई - 400 051. दूरभाष: 2644 9950 / 4045 9950 (आई.वी.आर. एस.), 2644 9000 / 4045 9000 फैक्स: 2644 9019 से 2644 9022 वेब: www.sebi.gov.in