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Hindustan Construction Co. Ltd. Major Shareholding Notification 2019
61640_rns_2019-04-22_c0ffdd5b-4226-4e3b-9cda-37ebb3f5ba22.pdf
Major Shareholding Notification
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Hincon House, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai 400 083, India Tel.: 91-22-2575 1000 · Fax: 91-22-2577-7568 CIN: U67120MH1996PLC102787
5th April 2019
The BSE Ltd. 1st floor, Phiroze Jeejeebhoy Towers, Dalal Street. Mumbai-400 001
National Stock Exchange of India Ltd, Exchange Plaza, Bandra-Kurla Complex, Bandra(East), Mumbai-400 051
Dear Sirs.
- Disclosure under Regulation 30 of the SEBI (Substantial Acquisition of Sub: Shares and Takeovers) Regulations, 2011 of the Promoter Group Shareholding
- Re: Hindustan Construction Company Ltd
In terms of Regulation 30 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the promoter of every target company and any persons acting in concert are required to disclose their aggregate shareholding as of the 31st March to stock exchange where the shares of the target company are listed.
We are making the relevant disclosure on behalf of the Promoters and Promoter Group Shareholders of Hindustan Construction Company Ltd, in the prescribed form under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for your records.
Please acknowledge receipt.
Thanking you, Yours faithfully.
For Hincon Holdings Ltd
Sree Vidhya/Raju Secretarial Department
$Cc$ : Hindustan Construction Company Ltd.
Hincon House, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai 400 083, India Tel.: 91-22-2575 1000 · Fax: 91-22-2577-7568 CIN: U67120MH1996PLC102787
5th April 2019
The BSE Ltd. 1st floor, Phiroze Jeejeebhoy Towers, Dalal Street. Mumbai-400 001
National Stock Exchange of India Ltd, Exchange Plaza, Bandra-Kurla Complex, Bandra(East), Mumbai-400 051
Dear Sirs,
Disclosure under Regulation 30 of the SEBI (Substantial Acquisition of Sub: Shares and Takeovers) Regulations, 2011 of the Promoter Group Shareholding
Re: Hindustan Construction Company Ltd
In terms of Regulation 30 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the promoter of every target company and any persons acting in concert are required to disclose their aggregate shareholding as of the 31st March to stock exchange where the shares of the target company are listed.
We are making the relevant disclosure on behalf of the Promoters and Promoter Group Shareholders of Hindustan Construction Company Ltd, in the prescribed form under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for your records.
Please acknowledge receipt.
Thanking you, Yours faithfully,
For Hincon Holdings Ltd
Sree Vidhya/Raju Secretarial Department
$Cc$ : Hindustan Construction Company Ltd.
Hincon House, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai 400 083, India Tel.: 91-22-2575 1000 · Fax: 91-22-2577-7568 CIN: U67120MH1996PLC102787
Format for Disclosures under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011
| 1 | Name of the Target Company (TC) | Hindustan Construction Company Ltd | ||
|---|---|---|---|---|
| $\overline{2}$ | Name(s) of the Stock Exchange(s) where theshares of the TC are listed | The BSE LtdNational Stock Exchange of India Ltd | ||
| 3Particulars of the shareholder(s):Name of person(s) together with Persons Acting inConcert (PAC) whose total holding (includingthatin the form of shares, warrants, convertiblesecurities and any other instrument that wouldentitle the holder to receive shares in the targetcompany) is more than 25% of the voting rights ofthe TC.orName(s) of promoter(s), member of thepromoter group and Persons Acting inConcert (PAC) with him. | Names of Promoters and Member of thePromoter groupPromotersMr. Ajit GulabchandHincon Holdings LtdHincon Finance LimitedMs. Shalaka Gulabchand DhawanShalaka Investment Pvt LtdMember of the Promoter groupArya Capital Management Pvt LtdAnjani Ashwin Parekh | |||
| Particulars of the Shareholding of persons mentioned at$(3)$ above | Number ofShares | % w.r.t. totalshare/votingcapitalwhereverapplicable | % of totaldilutedshare/votingcapital of TC$(*(a))$ | |
| 1 | Mr. Ajit GulabchandAs of 31 st March 2019, holding of:a) Equity Sharesb) Voting Rights (otherwise than by shares)c)Warrants | 21,17,294 | 0.14 | 0.14 |
| d)Convertible Securitiese) Any other instrument that would entitle the holder toreceive shares in the TC | ||||
| $\overline{2}$ | Hincon Holdings LtdAs of 31 st March 2019, holding of:a) Equity Shares | 21,60,23,600 | 14.28 | 14.28 |
| b) Voting Rights (otherwise than by shares)c)Warrants | ||||
| d)Convertible Securitiese) Any other instrument that would entitle the holder toreceive shares in the TC | ||||
| 3 | Hincon Finance LimitedAs of 31 st March 2019, holding of:a) Equity Shares | 6,22,61,186 | 4.12 | 4.12 |
| b) Voting Rights (otherwise than by shares)c)Warrants | ||||
| Ħ0, | d)Convertible Securitiese) Any other instrument that would entitle the holder toreceive shares in the TC |
Hincon House, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai 400 083, India Tel.: 91-22-2575 1000 · Fax: 91-22-2577-7568 CIN: U67120MH1996PLC102787
| Particulars of the Shareholding of persons mentioned at | Number of | % w.r.t .total | $%$ of total | |
|---|---|---|---|---|
| $(3)$ above | Shares | share/voting | diluted | |
| capital | share/voting | |||
| wherever | capital of TC | |||
| Ms. Shalaka Gulabchand Dhawan | applicable | $(* (a))$ | ||
| $\overline{4}$ | ||||
| As of 31 st March 2019, holding of: | ||||
| a) Equity Shares | 10,000 | 0.00 | 0.00 | |
| b) Voting Rights (otherwise than by shares) | ||||
| c)Warrants | ||||
| d)Convertible Securities | ||||
| e) Any other instrument that would entitle the holder toreceive shares in the TC | ||||
| 5 | Shalaka Investment Pvt Ltd | |||
| As of 31 st March 2019, holding of: | ||||
| a) Equity Shares | 5,38,000 | 0.04 | 0.04 | |
| b) Voting Rights (otherwise than by shares) | ||||
| c) Warrants | ||||
| d)Convertible Securities | ||||
| e) Any other instrument that would entitle the holder toreceive shares in the TC | ||||
| Member of the promoter group | ||||
| 6 | Arya Capital Management Pvt Ltd | |||
| As of 31 st March 2019, holding of: | ||||
| a) Equity Shares | 24, 62, 55, 617 | 16.28 | 16.28 | |
| b) Voting Rights (otherwise than by shares) | ||||
| c) Warrants | ||||
| d)Convertible Securities | ||||
| e) Any other instrument that would entitle the holder to | ||||
| receive shares in the TC | ||||
| $\overline{7}$ | Anjani Ashwin Parekh* | |||
| As of 31st March 2019, holding of: | ||||
| Equity Sharesb) | 2,51,400 | 0.01 | 0.01 | |
| b) Voting Rights (otherwise than by shares) | - | - | ||
| c) Warrants | ||||
| d)Convertible Securities | - | |||
| e) Any other instrument that would entitle the holder toreceive shares in the TC | ||||
| Total | 52,74,57,097 | 34.86 | 34.86 |
*In relation to receipt of application dated 16th October 2018 and further application dated 29th January, 2019 from Ms. Anjani A Parekh, member of the promoter group of the Company requesting for re-classification of her status from promoter group to public, the Board of Directors of the Company at its meeting held on $7th$ February, 2019, has considered her request and approved the re-classification, subject to approval by shareholders of the Hol Company. $\frac{1}{\sqrt{2}}$
$D - 2 - 0 - 0$
Hincon House, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai 400 083, India Tel.: 91-22-2575 1000 · Fax: 91-22-2577-7568 CIN: U67120MH1996PLC102787
Format for Disclosures under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011
| Name of the Target Company | Hindustan Construction Company Ltd | ||
|---|---|---|---|
| (TC) | |||
| Name(s) of the person and Persons | Whether the person belongs to | ||
| Acting in Concert (PAC) with the | Promoter/Promoter Group | ||
| person | |||
| Promoters | |||
| Mr. Ajit Gulabchand | Promoter | ||
| Hincon Holdings Ltd | Promoter Company | ||
| Hincon Finance Limited | Promoter Company } Promoters | ||
| Ms. Shalaka Gulabchand Dhawan | Promoter | ||
| Shalaka Investment Pvt Ltd | Promoter Company } | ||
| Member of the Promoter group | |||
| Arya Capital Management Pvt Ltd | Member of the Promoter Group | ||
| Anjani Ashwin Parekh | Member of the Promoter Group |
(*) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.
@ While computing the % of shareholding in the total voting capital, we have not considered the conversion of the Optionally Convertible Debentures (OCDs) by the Lender,s as the price as on the Entitlement Date for conversion of the OCDs into Equity Shares, is a future price based on Relevant Date which shall be 30 days prior to the Entitlement Date, to be determined as per the extant regulations and such price shall decide the ratio of conversion of OCDs into Equity Shares of the Company. Upon Lenders exercising their right to convert OCDs into Equity Shares, shareholding pattern and consequentially the voting capital of the Company would undergo change accordingly.
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Signature of the Authorised Representative of Hincon Holdings Ltd (For and on behalf of Promoters and Member of Promoter Group)
(SREE VIDHYA RAJU)
Place: Mumbai Date: 5th April 2019
CC: Hindustan Construction Company Ltd Hincon House, LBS Marg, Vikhroli West, Mumbai 400 078.