AI assistant
DCM Ltd. — Major Shareholding Notification 2020
Mar 2, 2020
61500_rns_2020-03-02_645f64ec-c744-4e47-a0ba-c75f518dce99.pdf
Major Shareholding Notification
Open in viewerOpens in your device viewer
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:
-
- (*)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,
Date: 0 '2.-1 0 '1,1- 0 1.0 Place: New Delhi