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DCM Ltd. Major Shareholding Notification 2020

Feb 20, 2020

61500_rns_2020-02-20_d763e16b-2046-4d81-9d3f-2ac34caef161.pdf

Major Shareholding Notification

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SUMANT BHARAT RAM

C-54, ANAND NIKTAN, SOUTH MOTi BAGH, SOUTH WEST DELHI, DELHl-110021

Date: '.:2 o / o ::2...} ::2. o < C)

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

BSE 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, 2011")

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 57,00,000 (Fifty Seven Lakh 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 lO(l)(a)(i) and lO(l)(a)(ii) of the SEBI Takeover Regulations, 2011.

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

Thanking You, Yours faithfull ,

Sumant at Ram

Date: < c, / 0 2..} � 6 -< n Place: New Delhi

CC: The Board of Directors/ Company Secretary DCM Limited Unit Nos. 2050 to 2052, Plaza - II, Central Square, 20, Manohar Lal Khurana Marg, Bara Hindu Rao, Delhi -110006.

Format for Disclosures under Regulation 10{S) - 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)
isl 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
17.97
%
in
the
target
company
4. Details
of
the
proposed
acquisition
Name
of
the
person(s)
from
whom
a.
shares
are
to
be
acquired
Dr.
Vinay
Bharat
Ram
Proposed
date
of
acquisition
b.
SJ
On
or
after
February
~
2020
c.
Number
of
shares
to
be
acquired
from
each
person
mentioned
in
4(a)
above
57,00,000
Equity
Shares
Total
shares
to
be
acquired
as
%
of
d.
share
capital
of
TC
30.52%
Price
at
which
shares
are
proposed
to
e.
be
acquired
NIL
(the
shares
are
being
acquired
as
gift,
and
no
consideration
will
be
paid
by
acquirer
to
existing
shareholder)
Rationale,
if
any,
for
the
proposed
f.
transfer
Inter-se
transfer
of
shares
amongst
qualifying
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. li.
Declaration by the acquirer, that the
Transferor
and
Transferee
have
complied (during 3 years prior to the date
of proposed acquisition) / will comply
with applicable disclosure requirements
Chapter
$\vee$
of
the
Takeover
in
2011
Regulations,
(corresponding
provisions of the repealed Takeover
Regulations 1997)
The aforesaid disclosures made during
ii.
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)
SEBI
of
(Substantial
Acquisition of Shares and Takeovers) Regulations,
2011 with respect to exemptions have been duly
complied with.

Blam

$\tilde{\mathbf{s}}$

$\tilde{\mathbf{x}}$

11. Shareholding
details
Before the After the
proposed proposed
transaction transaction
No. of %w.r.t No. of %w.r.t
shares total shares total
Ivoting share Ivoting share
rights capital
of
rights capital
of
TC TC
a Acquirer(s)
and PACs
(other than sellers)
1. Sumant
Bharat
Ram
33,56,932 17.97% 90,56,932 48.49%
2.
Rahil Bharat
Ram
4,852 0.03% 4,852 0.03%
3. Yuv Bharat
Ram
4,800 0.02% 4,800 0.02%
b Seller(s)
Dr. Vinay
Bharat
Ram
57,00,000 30.52% Nil Nil

Date _ 'Q 6 J 0 ~} :2. 0 ~ 0 Place: New Delhi