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KS Smart Technologies Limited — Major Shareholding Notification 2024
Oct 1, 2024
63907_rns_2024-10-01_c44532a5-c8ea-42ef-87d4-441b7d58af7e.pdf
Major Shareholding Notification
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To,
Date: 25.09.2024
BSE Limited
P. J. Towers, Dalal Street Mumbai - 400001
Dear Sir/ Madam,
Sub: Disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Ref: My letter dated 17.09.2024
I, Narasimharao Anumala, hereby submit that I, one of the promoters of Soma Papers & Industries Limited have acquired by way of gift 3,05,249 Equity Shares through inter-se transfer of shares. In this regard, I enclose herewith disclosure in prescribed Form under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
This is for your information and records, please.
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Thanking you.
Yours sincerely,
Narasimharao Anumala Acquirer
Encl: As above
CC to Soma Papers & Industries Limited
Disclosures under Regulation 10(6) – Report to Stock Exchanges in respect of any acquisition made in reliance upon exemption provided for in Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
| 1. | Name of the Target Company (TC) |
Name of the Target Company (TC) |
M/s. Soma Papers & Industries Limited | M/s. Soma Papers & Industries Limited |
|---|---|---|---|---|
| 2. | Name of the acquirer(s) | Narasimharao Anumala | ||
| 3. | Name of the stock exchange where shares of the TC are listed |
BSE Limited | ||
| 4. | Details of the transaction including rationale, if any, for the transfer/ acquisition of shares. |
The exercise is aimed at consolidation of holdings. The promoter transferee and transferor are related to each other as father and son respectively. |
||
| 5. | Relevant regulation under which the acquirer is exempted from making open offer. |
Reg.10(1)(a)(i) | ||
| 6. | Whether disclosure of proposed acquisition was required to be made under regulation 10 (5) and if so, -whether disclosure was made and whether it was made within the timeline specified under theRegulations. - date of filing with the stockexchange. |
Yes, disclosure of proposed acquisition was required to be made under regulation 10(5) Yes, disclosure was made within the timeline specified under the regulations. Date: 17.09.2024 |
||
| 7. | Details of acquisition | Disclosures made/required to be made under regulation 10(5) |
Whether the disclosures under regulation 10(5) are actuallymade |
|
| a. | Name of the transferor / seller |
Ramesh Choudary Anumala | Yes |
| b. | Date of acquisition | 24.09.2024 | 24.09.2024 | 24.09.2024 | Yes | Yes | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| c. | Number of shares/ voting rights in respect of the acquisitions from each person mentioned in 7(a) above |
S. N |
Name of the person | No. of shares to be acquired |
Yes | |||||
| 1 | Ramesh ChoudaryAnumala |
3,05,249 | ||||||||
| d. | Total shares proposed to be acquired / actually acquired as a % of diluted share capital of TC |
Proposed to be acquired -3,05,249 shares (21.77%) Actually acquired - 3,05,249 shares (21.77%) |
Yes | |||||||
| e. | Price at which shares are proposed to be acquired / actually acquired |
Not Applicable as it is a gift transaction | Yes | |||||||
| 8. | Shareholding details | Pre-Transaction | Post-Transaction | |||||||
| No. of shares held |
% w.r.t Total share capital of TC |
No. of shares Held |
% w.r.t total Share capital of TC |
|||||||
| Each Acquirer / Transferee(*) NarasimharaoAnumala |
3,54,172 | 25.26 | 6,59,421 | 47.03 | ||||||
| Each Seller/Transferor 1. Ramesh ChaudaryAnumala |
3,05,249 | 21.77 | 0 | 0 |
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Place: Hyderabad Date: 25.09.2024
Narasimharao Anumala Promoter
Note:
- (*) Shareholding of each entity shall be shown separately and then collectively in a group.
• The above disclosure shall be signed by the acquirer mentioning date & place. In case, there is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers.