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Lambodhara Textiles Ltd. — Major Shareholding Notification 2020
Feb 10, 2020
60267_rns_2020-02-10_7a107eb4-826e-41f2-bd23-693376ab0de9.pdf
Major Shareholding Notification
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GIULIA BOSCO
t'ehruary 10, 2020
To ]-he Listing Department National Stock Exchange ollndia Limited, Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051.
Dear Sir/Madam.
Sub i Inter-se Transfer of shares amongst the Promoteff and relatives.
Ref : Intimation under Regulation l0(5) of Sf,Bl(Substantial Acquisition of Shares and Takeover) RegulatioDs' 2011.
With reference to the subject captioned above, this is to infom rhat MIs. Giulia Bosco, being a Promoler of Lambodhara Textiles Limited (hereinafter refered as "the Company) intended to acquirc 16,58.506 Equity Shares of the Company by way of Cift &ithoul considcration from her husband Mr. R.Santossh lbrming part ofthe Promoters as follows:
| S.No | Date of | Name ofthe Person | Namc ofthe | No. ofShares | %o of |
|---|---|---|---|---|---|
| Transactionon or after | (belongs topromoters - | Person (bclongs toPromoters)- | proposed tobe acquired | Holding | |
| Transferor | Transleree) | by way ofGifr | |||
| I | 17.02.2020 | Mr. R. Santossh | Mrs. Giulia Bosco | 16.58.506 | 11.i2% |
This being an "inter se" transfer of shares amongst promoters and inter se relatives' the same falls within the exemptions (under Regulation lo(l)(aXi) and (ii) provided under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 201l. Consequent to the above acquisition' the Equity Shareholding of Mrs. Giulia Bosco in the comptuly will increase ftom 16'59,778 (l'7.33%) Equiry shares to 33,18,284 (34.65%) Equity shares.
The aggegate holding ofpromoter and promotff Group before and after the above inter se traDsaction remains the same.
P
GIULIA BOSCO
7/9, PARK RESIDENCE, ATT COLONY, COIMBATORE-641018 TAMIL NADU
In this connection, the necessary Disclosure under Regulation $10(5)$ of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in the prescribed format is enclosed herewith for your kind information and records.
Thanking you
Yours faithfully
$\lfloor \ln \rfloor$
Giulia Bosco Acquirer
Encl:a.a
Cc: The Listing Department BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001.
Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respect of acquisition underRegulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
| 1. | Name of the Target Company (TC) | Lambodhara Textiles Limited (LTL) | |||
|---|---|---|---|---|---|
| $\overline{2}$ . | Name of the acquirer(s) | Mrs.Giulia Bosco | |||
| 3. | Whether the acquirer(s) is/ are promoters of the | Yes, Mrs. Guilia Bosco is a promoter of | |||
| TC prior to the transaction. If not, nature of | the Company. | ||||
| relationship or association with the TC or its | |||||
| promoters | |||||
| 4. | Details of the proposed acquisition | ||||
| a. Name of the person(s) from whom shares areto be acquired | Mr.R.Santossh | ||||
| b. Proposed date of acquisition | 17.02.2020 | ||||
| Number of shares to be acquired from eachc.person mentioned in 4(a) above | 16,58,506 | ||||
| d. Total shares to be acquired as % of sharecapital of TC | 17.32% | ||||
| e. Price at which shares are proposed to beacquired | -Nil- being a Gift without consideration | ||||
| Rationale, if any, for the proposed transferf. | Inter-se transfer amongst promotersbetween relatives (husband and wife)by way of gift without consideration. | ||||
| 5. | Relevant sub-clause of regulation $10(1)(a)$ underwhich the acquirer is exempted from making openoffer | Regulation10(1)(a)(i)ofSEBI(Substantial Acquisition of Shares andTakeovers) Regulations, 2011 | |||
| 6. | If, frequently traded, volume weighted averagemarket price for a period of 60 trading dayspreceding the date of issuance of this notice astraded on the stock exchange where the maximumvolume of trading in the shares of the TC arerecorded during such period. | Rs.32.77 | |||
| 7. | If in-frequently traded, the price as determined interms of clause (e) of sub-regulation (2) ofregulation 8. | Not Applicable | |||
| 8. | Declaration by the acquirer, that the acquisitionprice would not be higher by more than 25% ofthe price computed in point 6 or point 7 asapplicable. | Not Applicable |
$G_{\mu\nu}$
| 9. | Declaration by the acquirer, that the transferor andtransferee have complied (during 3 years prior tothe date of proposed acquisition) / will complywith applicable disclosure requirements inChapter V of the Takeover Regulations, 2011(corresponding provisions of theTakeover Regulations, 1997) | repealed | I, Giulia Bosco declare that the transferorand transferee have complied (during 3)years prior to the date of proposedacquisition) with applicable disclosurerequirements in Chapter V of theRegulations,Takeover2011(corresponding provisions)of therepealed Takeover Regulations, 1997) | ||||
|---|---|---|---|---|---|---|---|
| 10. | Declaration by the acquirer that all the conditionsspecified under regulation $10(1)(a)$ with respect toexemptions has been duly complied with. | I, Giulia Bosco declare that all theconditions specified under regulation$10(1)(a)$ with respect to exemptions hasbeen duly complied with. | |||||
| 11. | Shareholding details | Before theproposedtransaction | After theproposedtransaction | ||||
| No. ofshares/votingrights | % w.r.ttotalsharecapital ofTC | No. ofshares/votingrights | % w.r.ttotalsharecapitalof TC | ||||
| a | Acquirer(s) andPACs (other thansellers $)(*)$ | 1. Giulia Bosco - Acquirer2. Strike Right IntegratedServices Limited - PAC | 16,59,77834,20,600 | 17.33%35.71% | 33,18,28434,20,600 | 34.65%35.71% | |
| Total | 50,80,378 | 53.04% | 67,38,884 | 70.36% | |||
| bSeller (s) | 16,58,506 | 17.32% | $- -$ |
Note:
- (*) Shareholding of each entity may 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
I, Bosco Giulia declare that the transferor and transferee have complied (during 3 years) prior to the date of proposed acquisition) with applicable disclosure requirements in Chapter V of the Takeover Regulations, 2011 (corresponding provisions of the repealed Takeover Regulations, 1997)
I, Bosco Giulia declare that all the conditions specified under regulation $10(1)(a)$ with respect to exemptions has been duly complied with.
$JUL$ Giulia Bosco
Acquirer
Place: Coimbatore Date: 10.02.2020