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GHV INFRA PROJECTS LIMITED Major Shareholding Notification 2024

Aug 20, 2024

62297_rns_2024-08-20_b9b40b07-f80e-471a-9e5a-c046442ddacd.pdf

Major Shareholding Notification

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Date: 17.08.2024

To,

Department of Corporate Services, BSE Limited, PJ Towers, Dalal Street Fort, Mumbai-400 001

Sub: Submission of Disclosures under Regulation 18(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Ref: SINDU VALLEY TECHNOLOGIES LIMITED

(BSE Code: 505504)

Dear Sir or Madam,

With reference to captioned subject, please find enclosed herewith Disclosures under Regulation 18(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in respect of shares acquired through share purchase agreement.

Thanks & Regards,

For and on Behalf of Acquirers

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Cc: Sindu Valley Technologies Limited

Add: No 3 2nd Floor Dr TCM Royan Road, Opp Ayyappan Temple, Chickpet, Bangalore, Karnataka - 560053

Disclosures under Regulation 18(6) of SEBI (Substantial Acquisition of Shares and Takeovers)

Regulations, 2011

(i) Name of the Target Company (TC) SINDU
VALLEY
TECHNOLOGIES
LIMITED
(ii) Name of the Acquirers / PAC 1. Chirag Deepak Dedhia
2. Arvind Awadhnath Sharma
3. Manisha Arvind Sharma
(iii) Name of the persons/ entities who acquired
shares in the TC
1. Chirag Deepak Dedhia
2. Arvind Awadhnath Sharma
3. Manisha Arvind Sharma
(iv) Whether disclosure about the persons/ entities
stated at (iii) was given in the detailed public
announcement as either Acquirer or Persons
acting in concert with Acquirer. (Yes/No)
If no, provide
(a) Reasons for non-disclosure
(b) Relationship of the entity with the Acquirer
/ PAC
Disclosure and details given in
Public Announcement given on May
08, 2024 and Detailed Public
Statement on May 15, 2024.

Details of acquisition – for each person mentioned at (iii)

a). Mr. Chirag Deepak Dedhia

Number
of
Shares
/
Voting
Rights
Acquired
(No.)
Date
of
Acquisition
Mode of
Acquisition
Person
from
whom Shares /
Voting
Rights
Acquired*
Purchase
Price per
Share
Shareholding
of
person
who acquired the shares
(%
w.r.t.
total
share
Capital/ voting capital of
Target Company)
Shareholding
of
person
who acquired the shares
(%
w.r.t.
total
share
Capital/ voting capital of
Target Company)
Before
Acquisition
After
Acquisition
24860 16/08/2024 Share
Purchase
Agreement
Bhadra
Paper
Mills Limited
Rs.24.28/-
Approx
-
(0%)
3.55%

b). Mr. Arvind Awadhnath Sharma

Number
of
Shares
/
Voting
Rights
Acquired
(No.)
Date
of
Acquisition
Mode of
Acquisition
Person
from
whom Shares /
Voting
Rights
Acquired*
Purchase
Price per
Share
Shareholding
of
person
who acquired the shares
(%
w.r.t.
total
share
Capital/ voting capital of
Target Company)
Shareholding
of
person
who acquired the shares
(%
w.r.t.
total
share
Capital/ voting capital of
Target Company)
Before
Acquisition
After
Acquisition
245000 16/08/2024 Share
Purchase
Agreement
Bhadra
Paper
Mills Limited
Rs.24.28/-
Approx
-
(0%)
35%

c). Mrs. Manisha Arvind Sharma

Number
of
Shares
/
Voting Rights
Acquired
(No.)
Date
of
Acquisition
Mode of
Acquisition
Person
from
whom Shares /
Voting
Rights
Acquired*
Purchase
Price per
Share
Shareholding of person
who acquired the shares
(%
w.r.t.
total
share
Capital/ voting capital of
Target Company)
Shareholding of person
who acquired the shares
(%
w.r.t.
total
share
Capital/ voting capital of
Target Company)
Before
Acquisition
After
Acquisition
245000 16/08/2024 Share
Purchase
Agreement
Bhadra
Paper
Mills Limited
Rs.24.28/-
Approx
(0%) 35%

Total shareholding of acquirer and PACs before the acquisition Nil (0.00%) (Number as well as % of total share capital of TC) TOTAL shareholding of acquirer and PACs after the acquisition No. of shares: 514860 Percentage of holding: (Number as well as % of total share capital of TC) 73.55%

We hereby declare that the information provided in the instant report is true and nothing has been concealed there from.

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Place: Mumbai Date: 17.08.2024