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Lumax Auto Technologies Ltd. Major Shareholding Notification 2019

Jun 24, 2019

62451_rns_2019-06-24_a7568d61-9bfa-4445-bfc1-8bd3cbf70a9f.pdf

Major Shareholding Notification

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S.No. Date of Nameof thePersons Nameofthe Number of shares % of
Transaction (belonging to Promoter Persons (belonging proposedtobe shareholding
Group)— Transferor toPromoter transferred
Group)-Acquirer
1. On or after Mr. Dhanesh KumarJain Mr. Deepak Jain 52,78,892 7.74
2. 27.06.2019 Mr. Dhanesh KumarJain Mr. Anmol Jain 53,15,953 7.80
3. Mrs. Shivani Jain Mr. Anmol Jain 2,25,000 0.33

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”—5 Name ofthe Target Company (TC)Name ofthe acquirer(s) Lumax AutoTechnologies Limited1. DEEPAK JAIN
2. ANMOL JAIN
Whether the acquirer(s) is/ are promoters ofthe Yes
TC prior to the transaction.If not.nature of
relationship or association with the TC or its
promoters
Details ofthe proposed acquisition
a.Name of the person(s) from whom shares 1. Sh. DHANESH KUMAR JAIN
are to be acq'uired 2. Mrs. SHIVANI JAIN
b.Proposed date of acquisition on or after27.06.2019
c.Numberof shares tobe acquired from 1.Sh. DHANESH KUMAR JAIN : 1,05,94,845
each person mentioned in 4(a) above 2.Mrs.SHIVANl JAIN 2,25,000
d.Total shares to be acquired as % of share 15.87%
capital ofTC
e.Price at which shares are proposed to be Nil, Inte'r—se transferby way ofgift
acquired
f.Rationale, if any. for the proposed transfer 1. Being giftfrom fatherto son(s)
2. Being giftfrom wife to husband
Relevantsub-clauseofregulation10(1)(a)under whichthe acquireris exempted from Regulation 10(1)(a)(i) & 10(1)(a)(ii.)
making open offer
If, frequently traded, volume weighted average NA
market price_for a period of 60 trading days
preceding the date of issuance ofthis notice as
tradedonthestockexchangewherethe
maximum volume oftrading in the shares ofthe
TC are recorded during such period.
If in-frequently traded, the price as determined NA
in terrhs of clause (e) of sub-regulation (2) of
regulation 8.
Declaration by the acquirer, that the acquisition NA
price would not be higher by mere than 25% of
the pricecomputed in point 6 or point 7as
applicable.‘
Declaration by the acquirer. that the transferor Yes, the same is attached as an Annexure 1
and transferee havecomplied I will comply with and Annexure 2
applicable disclosure requirements in ChapterVoftheTakeoverRegulations,2011
(correspondingprovisionsoftherepealed
Takeover Regulations 1997)
|
reh olding details Before the Afterthe Afterthe
proposed proposed
transaction transaction
No. of % w.r.t No. of % w.r.t
shares total shares total
lvoting share lvoting share
Rights capital rights capital
of of
TC TC
- Acquirer(s)-
1. Deepak Jain 46,35,799 6.80 99,14,691 14.54
2_ Anmol Jain 43,84,469 6.43 99,25,422 14.56
- PACs (otherthan sellers) (*)
1. Mls Dhanesh Kumar Jain (HUF) 59,30,865 8.70 59,30,865 8.70
2. Mls D.K JAIN FAMILY TRUST 2.03.950 0.30 2.03.950 0.30
3. Lumax Finance Private Limited 1.21.11.320 17_77 1,21,11,320 17_77
Seller (5)
Sh. DHANESH KUMAR JAIN 1,05,94,845 15.54 - -
Mrs. SHIVANI JAIN 2.25.000 0.33 -

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