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DCM Ltd. Major Shareholding Notification 2020

Mar 2, 2020

61500_rns_2020-03-02_645f64ec-c744-4e47-a0ba-c75f518dce99.pdf

Major Shareholding Notification

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SOUTH MOTI BAGH, SOUTH WEST DELHI, DELHI-110021

Date: 0),) 0 j )2. o 1-0

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

BSELimited Corporate Relationship Department, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001

NSE Scrip Symbol: DCM BSE Scrip Code: 502820

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 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 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.

Date: 01-) D?, \1-0 '2-- 0 Place:New Delhi

cc: TheBoardofDirectors/ CompanySecretary DCMLimited Unit Nos. 2050to 2052, Plaza - II, Central Square, 20,Manohar Lal Khurana Marg, Bara Hindu Rao, Delhi -110006.

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 (IC)
Name of the Target
Company
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
Shares
57,00,000
Equity
of
Target
Company,
constituting
30.52% of the
paid
up
capital
of the
Target
Company
have
been
acquired
by Sum ant
Bharat
Ram as inter-se
transfer
of shares
by way of
without
consideration,
gift,
amongst
any
in
qualifying
defined
persons
as
Regulation
Securities
10(1)(a)(i)
and
and
10(1)(a)(ii)
of
Exchange
Board
of India
(Substantial
Acquisition
of Shares and Takeovers)
Regulations,
2011.
5 Relevant
exempted
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
was made
disclosure
of proposed
acquisition
was
to be made
under
regulation
10(5) and
disclosure
was made
and whether
it
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.
2-0
\
D1-\
~'l-O
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 01-)
2-81
'2.-tYL 0
c. Number
of shares/
voting
rights in respect
of the acquisitions
from each person
mentioned
in 7(a) above
57,00,000
d. Total
shares
proposed
to be acquired/
actually
acquired
as a % of diluted
share
capital
of TC
30.52%
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
33,56,932 17.97% 90,56,932 48.49%
b Each Seller/Transferor
DR. VINAY BHARAT RAM 57,00,000 30.52% Nil Nil

Note:

    1. (*)Shareholding of each entity shall be shown separately and then collectively in a group.
    1. 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,

Date: 0 '2.-1 0 '1,1- 0 1.0 Place: New Delhi