AI assistant
Faze Three Ltd. — Capital/Financing Update 2025
Mar 7, 2025
62686_rns_2025-03-07_9fc49dab-9257-4585-90e8-e11c1c5b5257.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [103 x 44] intentionally omitted <==
March 07, 2025
To,
BSE Limited National Stock Exchange of India Limited The Department of Corporate Services, Listing Compliance Department, P. J. Towers, Dalal Street, Exchange Plaza, Plot No. C/ 1, G Block, Mumbai – 400 001. Bandra Kurla Complex, Bandra (E), Scrip Code: 530079 Mumbai – 400 051. Symbol: FAZE3Q
Dear Sir/Ma’am,
Sub: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Sale of entire stake in V. R. Woodart Limited.
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Faze Three Limited has sold its entire stake in V. R. Woodart Limited vide a Share Purchase Agreement (‘SPA’) dated March 07, 2025 with Ms. Minal Gaurav Patil and Ms. Maddukuri Mounica ('Acquirers').
Pursuant to the said Acquisition, the Acquires shall take over the control of the Company after completion of the various requirements as mentioned under the provisions of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011 and other applicable laws from time to time. Additionally, we wish to inform you that, pursuant to this SPA, V. R. Woodart Limited will cease to be a related party of Faze Three Limited.
We request you to kindly take the above information on record.
Thanking you,
Yours Sincerely, For Faze Three Limited
Akram Digitally signed by Akram Hasan Hasan Sati Date: 2025.03.07 Sati 21:38:01 +05'30'
Akram Sati Company Secretary and Compliance Officer M. No. A50020
FAZE THREE LIMITED
(CIN: L99999DN1985PLC000197) Regd. Office: Survey 380/1, Khanvel Silvassa Road, Dapada, Silvassa – 396 230, UT of D&NH Corporate Office: 63/64, 6[th] Floor, Wing C, Mittal Court, Nariman Point, Mumbai - 400021. Tel. : 91 (22) 43514444, 66604600 * Fax : 91 (22) 24936811 * E-mail : [email protected] * Website : www.fazethree.com