KS Smart Technologies Limited — Major Shareholding Notification 2024

Aug 22, 2024

To,

Date: 21.08.2024

BSE Limited

P.J. Towers, Dalal Street Mumbai – 400001

Dear Sir/ Madam,

Sub: Disclosure under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Ref: Proposal to acquire shares of Soma Papers & Industries Limited

I, Narasimharao Anumala, hereby submit that I, one of the promoters of Soma Papers & Industries Limited, proposes to acquire 3,05,249 Equity Shares by way of inter-se Transfer of Shares. In this regard, please find enclosed herewith disclosure in prescribed Form under Regulation 10 (5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Thanking you.

Yours sincerely,

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Narasimharao Anumala Promoter Encl: As above

CC: Soma Papers & Industries Limited

Disclosures under Regulation 10(5) – Intimation to Stock Exchanges in respect of acquisition under regulation 10(1) (a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

1.	Name of the Target Company (TC)	Name of the Target Company (TC)		Soma Papers & Industries Limited	Soma Papers & Industries Limited	Soma Papers & Industries Limited	Soma Papers & Industries Limited
2.	Name of the acquirer(s)			Narasimharao Anumala
3.	Whether the acquirer(s) is/are promoter(s) of the TC prior to the transaction. If not, nature of relationship or association with the TC or itspromoters			Yes
4.	Details ofproposed acquisition
	a.	Name of the person(s) from whom shares are to be acquired		1. Ramesh Chaudary Anumala
	b.	Proposed date of acquisition		28.08.2024 to 31.08.2024
	c.	No. of shares to be acquired from each person mention in 4(a) above		S. N.	Name of the person	No. of shares to be acquired
				1	Ramesh Chaudary Anumala	3,05,249
	d.	Total shares to be acquired as percentage of share capital of the TC		3,05,249 equity shares i.e., 21.77 % of share capital of the TC
	e.	Price at which shares are proposed to be acquired		Not Applicable as it is a gift transaction
	f.	Rationale, if any for the proposed transfer		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 sub clause of Regulation 10(1)(a) under which the acquirer is exempted from makingopen offer			10(1)(a)(i)
6.	If frequently traded, volume-weighted average market price (VWAP) for a period of sixty trading days preceding the date of issuance of this notice as traded on the stock exchange where the maximum volume of trading in the shares of the TC are recorded during such period			Not Applicable as there is no consideration for the inter se transfer
7.	If infrequently traded, the price as determined in terms of clause (e) of sub-regulation(2)of regulation 8.			Not Applicable as there is no consideration for the inter se transfer
8.	Declaration by the acquirer, that the acquisition price would not be higher by more than 25% of the price computed in point 6 or point 7 as applicable			Not Applicable as there is no consideration for the inter se transfer
9.	i. Declaration by the acquirer, that the transferor and transferee have complied (during 3 years prior to the date of proposed acquisition) / will comply with applicable disclosure requirements in Chapter V of the Takeover Regulations, 2011 (corresponding provisions of the repealed Takeover Regulations, 1997) ii. The aforesaid disclosures made during previous 3 years prior to the date of proposed acquisition to be furnished.			Enclosed asAnnexure-1
10	Declaration by the acquirer that all the conditions specified under regulation 10(1) (a)with respect to exemptions has been duly			Enclosed asAnnexure-2

	complied with.
11	Shareholding details	Before the proposed transaction		After the proposed transaction
		No. of shares Voting rights	% w.r.t total share capital of TC	No. of shares voting rights	% w.r.t total share capital of TC
a	Acquirer (s) and PACs (other than sellers)(*) Narasimharao Anumala	3,54,172	25.26	6,59,421	47.03
b	Seller(s) 1. Ramesh ChaudaryAnumala	3,05,249	21.77	0	0

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Place: Hyderabad Date: 21.08.2024

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 promoter 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.

Annexure-1

D E C L A R A T I O N

I, Narasimharao Anumala, hereby submit that I, one of the promoters of Soma Papers & Industries Limited wish to acquire by way of gift 3,05,249 equity shares of Soma Papers & Industries Limited through inter se transfer and hereby declare that the transferor, i.e., Mr. Ramesh Chaudary Anumala and the transferee i.e., myself, will comply with the applicable disclosure requirements in Chapter V of the Takeover Regulations, 2011.

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Place: Hyderabad Date: 21.08.2024

Narasimharao Anumala (Acquirer)

Annexure-2

D E C L A R A T I O N

I, Narasimharao Anumala, hereby submit that I, one of the promoters of Soma Papers & Industries Limited wish to acquire by way of gift 3,05,249 equity shares of Soma Papers & Industries Limited through inter-se transfer and hereby declare that all the conditions specified under regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 with respect to the exemptions has been duly complied with.

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Place: Hyderabad Date: 21.08.2024

Narasimharao Anumala (Acquirer)