AI assistant
Elgi Equipments Ltd. — Major Shareholding Notification 2020
Dec 21, 2020
60896_rns_2020-12-21_8568fb28-5a45-4620-8c7b-9108a039fdfa.pdf
Major Shareholding Notification
Open in viewerOpens in your device viewer
L.G.B. PUBLIC WELFARE SOCIETY
Ref No....................
Date:....................................
17.12.2020
| $\overline{1}$ | ||
|---|---|---|
| BSE Limited | NSE - Corporate Office | Elgi Equipments Limited |
| JeejeebhoyPhiroze | National Stock Exchange of India Ltd, | Elgi Industrial Complex III, |
| Towers | Exchange Plaza, C-1, Block G, | Trichy Road, |
| Dalal Street | Bandra Kurla Complex, Bandra (E) | Singanallur, |
| Mumbai- 400001 | Mumbai - 400 051 | Coimbatore-641005 |
| Fax: 91-22-22721919 | Email: [email protected] | |
| Scrip Code: 522074 | Symbol: ELGIEQUIP |
Dear Sir,
Disclosures under Regulation 29 (2) of SEBI (Substantial Acquisition of Shares and Sub: Takeovers) Regulations, 2011
With reference to the above, I on behalf of L.G.B. Public Welfare Society forwarding herewith the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for disposal of 25,22,260 equity shares of Re1/ each of the Company by way of inheritance / transmission for your records.
Kindly take the same on record.
Thanking you
Yours faithfully,
For L.G.B. Public Welfare Society
$A - A$
B Balakrishnan Member
L.G.B. PUBLIC WELFARE SOCIETY
| Ref No | To | Date:To |
|---|---|---|
| BSE Limited | NSE - Corporate Office | ELGI EQUIPMENTS LTD |
| Phiroze Jeejeebhoy Towers | National Stock Exchange of India Ltd, | Trichy Road, Singanallur, |
| Dalal Street | Exchange Plaza, C-1, Block G, | Coimbatore - 641005, |
| Mumbai-400001 | Bandra Kurla Complex, Bandra (E) | Tamilnadu |
| Fax: 91-22-22721919 | Mumbai - 400 051 · | |
| Scrip Code: 522074 | Email: [email protected] | |
| Symbol: ELGIEQUIP |
Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
| Name(s) of the SellerL.G.B. PUBLIC WELFARE SOCIETY(##)Persons Acting in Concert (PAC) | ||
|---|---|---|
| Yes | ||
| BSE Limited | ||
| Number | % w.r.t.totalshare/votingcapitalwhereverapplicable(*) | % w.r.t.totaldilutedshare/votingcapital ofthe TC$(***)$ |
| 0.80% | 0.80% | |
| equity shares carrying votingrights. | ||
| PACs (##) -9,85,87,702 equityshares carrying voting rights. | 31.11% | 31.11% |
| 0 | $\Omega$ | $\Omega$ |
| $\mathbf{0}$ | $\Omega$ | 0 |
| $\Omega$ | $\overline{0}$ | $\overline{0}$ |
| 10,11,09,962equity shares carrying | 31.91% | 31.91% |
| 25,22,260 | 0.80% | 0.80% |
| Seller-25,22,260voting rights. | The National Stock Exchange of India Ltd.Read Office: 'INDIA HOUSE', TRICHY ROAD, COIMBATORE-641 018 |
Admn. Office : Elgi Equipments Ltd., Singarealtur, Coimbatore-641 005., ©: 0422 - 2589109.
| b. | VRs acquired/sold otherwise than byshares | $\Omega$ | 0 | $\mathbf 0$ |
|---|---|---|---|---|
| c. | Warrants/convertible securities/any otherinstrument that entitles the seller toreceive shares carrying voting rights in theTC (specify holding in each category)acquired/sold | $\Omega$ | $\Omega$ | $\Omega$ |
| d. | Shares encumbered / invoked/released bythe seller | $\Omega$ | $\Omega$ | $\Omega$ |
| e. | Total (a+b+c+d) | 25,22,260 | 0.80% | 0.80% |
| After the acquisition/sale, holding of: | ||||
| a. | Shares carrying voting rights | Seller-0sharescarryingequity$\bullet$voting rights.PACs -10,11,09,962equity | 0%31.91% | 0%31.91% |
| sharescarryingvotingrights. | ||||
| b. | Shares encumbered with the acquirer | 0 | $\mathbf{0}$ | $\mathbf 0$ |
| C. | VRs otherwise than by shares | 0 | $\mathbf{0}$ | $\mathbf 0$ |
| d. | Warrants/convertible securities/any otherinstrument that entitles the seller toreceive shares carrying voting rights in theTC (specify holding in each category) afteracquisition | $\overline{0}$ | $\overline{0}$ | $\Omega$ |
| e. | Total (a+b+c+d) | 10,11,09,962equity shares carryingvoting rights. | 31.91% | 31.91% |
| Mode of acquisition/sale (e.g. open market / off-market / public issue / rights issue / preferentialallotment / inter-se transfer etc). | Off Market sale by way of inheritance / transmission | |||
| Date of acquisition/sale of shares / VR or date ofreceipt of intimation of allotment of shares,whichever is applicable | ||||
| Equity share capital / total voting capital of the TCbefore the said acquisition/ sale | 31,69,09,016 Equity Shares of Re.1/- each | |||
| Equity share capital/ total voting capital of the TCafter the said acquisition/ sale | 31,69,09,016 Equity Shares of Re.1/- each | |||
| said sale | Total diluted share/voting capital of the TC after the | 31,69,09,016 Equity Shares of Re.1/- each | ||
(*) Total share capital/voting capital to be taken as per the latest filing done by the company to the StockExchange under Clause 31 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion ofthe outstanding convertible securities/warrants into equity shares of the TC.
For L.G.B. Public Welfare Society
$h. h$
B Balakrishnan Member (For and on behalf of the seller/ PACs) Place: Coimbatore Date: 07.12.2020
Page 2
(##)ThePACs of the Seller for the purpose of this disclosure are as follows:
| PACs | No. of fully paid up equityshares held beforetransmission | Shareholding % |
|---|---|---|
| Dr. Jairam Varadaraj | 27410956 | 8.65 |
| Mr.Anvar Jay Varadaraj | 1925248 | 0.61 |
| Mr.Varun Jay Varadaraj | 1916684 | 0.60 |
| Ms.Maya Jay Varadaraj | 1916648 | 0.60 |
| Mr.Uday Balaji | 128020 | 0.04 |
| Mrs.Vanitha Mohan | 115440 | 0.04 |
| Mr.SudarsanVaradaraj | 83572 | 0.03 |
| Mr.HarshaVaradaraj | 80000 | 0.03 |
| Ms.VarshiniVaradaraj | 80000 | 0.03 |
| Dr.T Balaji | 68500 | 0.02 |
| Mrs.Gayathri Balaji | 48226 | 0.01 |
| Mr. Viren Mohan | 39960 | 0.01 |
| Mr.Vinay Balaji | 22376 | 0.01 |
| Mr.L.G. Varadarajulu | 400 | 0.00 |
| M/s.Dark Horse Portfolio Investment (P) Limited | 51928780 | 16.39 |
| M/s.Elgi Ultra Industries Limited | 12158732 | 3.84 |
| M/s.Elgi Rubber Company Limited | 664160 | 0.21 |
| Total | 9,85,87,702 | 31.11% |