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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