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GACM Technologies Limited — Regulatory Filings 2021
Aug 14, 2021
60715_rns_2021-08-14_7914673b-ed08-492b-baf2-203567ab31d4.pdf
Regulatory Filings
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To. The Secretary. Listing Department BSE Limited P.J Towers, Dalal Street, Fort. Mumbai - 400 001
To. The Manager. Listing Department. National Stock Exchange of India Limited Exchange Plaza, 5thFloor, Plot No. C/1, G Block Bandra-Kurla Complex, Bandra (E), Mumbai-400051, Maharashtra. Symbol: STAMPEDE / SCAPDVR
Scrip Code: 531723 / 570005
Subject: Reporting Violation of Company's Code of Conduct under SEBI (Prohibition of Insider Trading) Regulations2015.
Reference: SEBI Circular No. SEBI/HO/ISD/CIR/P /2020/135 dated July 23, 2020
Dear Sir / Madam.
In furtherance to the captioned subject and reference, please find enclosed herewith the report in the prescribed form hereto marked and annexed as $Annexure = A under SEBI$ (Prohibition of Insider Trading) Regulations, 2015 by the Company containing details of violation by Designated Person by dealing in Equity Shares with Differential Voting Rights of the Company.
We request you to take the above on your record.
Thanking You, Yours faithfully,
For and on behalf of Stampede Capital Limited
Mr. Srimvas Maya Whole Time Director and Compliance Officer Date : August 13, 2021 Place : Hyderabad Encl $t$ a/a
Registered Office; KURA Towers, 10thFloor, D. No.1-11-254 and 1-11-255, S.P. Road. Begumpet, Secunderabad-500016, Telangana, India CIN: L67120TG1995PLC020170
Annexure -A
Report by Stampede Capital Limited (Company) for violations related to code of Conduct under SEBI (Prohibition of Insider Trading) Regulations, 2015 (SEBI PIT Regulations, 2015).
| Annexure -A | ||
|---|---|---|
| Report by Stampede Capital Limited (Company) for violations related to code of Conduct under | ||
| SEBI (Prohibition of Insider Trading) Regulations, 2015 (SEBI PIT Regulations, 2015). | ||
| Sr. No. | Particulars | DETAILS |
| 1 | Name of the listed Company/I Tiduci Li |
Stampede Capital Limited |
| Please tick appropriate check box Reporting in capacity of: |
||
| 2 | L] Listed Company | Listed Company |
| LI Intermediary | ||
| L] Fiduciary | ||
| Details of Designated Person(DP) A. |
||
| Holdings Limited Private Gayi Adi and. Management Trends Private |
||
| __ Name ofthe DP i. |
Limited) | |
| PANofthe DP ii. |
AAHCG3348M | |
| Designation of DP iii. |
Promoter | |
| Functional Role of DP iv. |
- | |
| Whether DP is Promoter or belongs to v. Promoter Group |
Yes | |
| 3 | If Reporting is for immediate relative of DP: N.A. B. |
|
| Name ofthe immediate relative of DP i. |
||
| PAN of the immediate relative of DP ii. |
||
| Details of transaction(s) C. Name ofthe scrip i. |
Shares Voting Equity with Differential Right (DVR Shares) of Stampede Capital Limited |
| intimation Date of of i. concerned trade(s)by DP/director/promoter/promot Company under group er to regulation SEBI (PIT) of 7 Regulations, 2015 |
August 10, 2021 |
|---|---|
| ii. Date of intimation of trade(s) by Company exchanges stock to under regulation (SEBI of 7 PIT Regulations, 2015) |
August 12, 2021 |
| Details of violations observed under Code of Conduct |
Sold 4,78,574 DVR Shares on August 06, 2021@ A. Rs. 3/- Per shares when the trading window was closed. Sold 5,24,290 DVR Shares on August 06, 2021@ Rs. 3.15/- Per shares when the trading window was closed. |
| Action taken Listed by company/Intermediary/Fiduciary |
Pursuant to the provision of (SEBI PIT Regulations, 2015), The violation as disclosed above was placed before the Audit Committee of the Company in its August meeting The Audit 2021. held on 10, Committee pursued the violation and resolved that: A warning letter be issued by the Company to A. (Formerly Holdings Limited Private Gayi Adi Management known GayiAdi Trends and as Designated Person Private Limited), the of Company that it would not be engaged in any of dealings Equity Shares kind the of the in Company which violation shall be the of in Company's Conduct Code and _ SEBI of (Prohibition Trading) Regulations, Insider of 2015. A warning letter be issued by the Company to B. Gayi Adi Holdings Limited to be extra Private executing cautious transactions while the in compliance ensure Code future and of of Conduct and SEBI (Prohibition Insider of Regulations, 2015 Trading) and in case of any subsequent violation stricter action(s) will be taken by the Company. monetary 20,000/ (Rupees penalty A of Rs. C. Twenty Thousand Only) be levied on the said violation. |
| On August 10, 2021, it was brought to the attention | |
|---|---|
| of the Compliance Officer of the Company that Gayi Adi Holdings Private Limited, Designated Person of |
|
| Stampede Limited, had inadvertently, Capital through its Stock Broker, sold 4,78,574 DVR shares |
|
| on August 06, 2021, @ Rs. 3/- Per DVR share and DVR shares on August 06, 2021, @ sold 5,24,290 |
|
| DVR share without obtaining pre 3.15/- Per Rs. ("Trade"). The Trade occurred clearance of trade |
|
| when the trading window was closed. | |
| Trade Broker The was carried Stock out by the without the knowledge of Gayi Adi Holdings Private |
|
| Limited. In Stock Broker services, the investor does not generally monitor the investment day-to-day |
|
| Holdings decisions. case Gayi Adi as well, In this Private Limited had given no instruction to conduct |
|
| Reasons recorded in writing for | knowledge Trade and had the also no of the it Trade having Broker occurred. The Stock |
| taking action stated above | unilaterally took the decision to conduct the Trade. |
| The Audit Committee Company's Board of of the Directors, which responsible review of for the is |
|
| compliance with the Insider Trading Policy of the Company was notified of this matter. Based on the |
|
| submission Holdings Limited, Private of Gayi Adi Committee was Audit believes, that the an this |
|
| inadvertent Trade made without intent to violate the Company's Insider Trading Policy or the SEBI |
|
| (Prohibition of Insider Trading) Regulations, 2015 ("PIT Regulations"). |
|
| However, the Audit Committee has determined that | |
| Company's was there violation Insider of the a Trading Regulations and and Policy PIT the |
|
| therefore a penalty must be imposed on Gayi Adi Holdings Private Limited. |
|
| Details of the previous instances of violations, if any, since last financial |
NA |
| year If any amount collected for Code of Conduct violation(s) |
|
| Mode of transfer to SEBI- i. |
The penalty will be remitted via permitted mode to |
| . Details of transfer/payment (In case of Online): In case of Demand Draft(DD): Particulars Bank Name and branch DD Number DD date DD amount (in Rs. other relevant information Any 9 Thanking You, Yours faithfully, behalf of Stampede For and on Capital Limited as Maya Mr. Whole Time Director and Compliance Officer : August 13, 2021 : Hyderabad |
accordingly. | ||
|---|---|---|---|
| Date Place |
|||
For and on behalf of Stampede Capital Limited
Mr. as Maya Whole Time Director and Compliance Officer