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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