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Madhucon Projects Ltd. — Major Shareholding Notification 2023
Apr 3, 2023
61181_rns_2023-04-03_9ef38387-d6fd-4cdf-9e19-4724be687e24.pdf
Major Shareholding Notification
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| Date: 01-04-2023 The National Stock Exchange (NSE) of India Limited, Bandra (East), Mumbai- 400 051. NSE Scrip Code - MADHUCON |
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| The Stock Exchange Mumbai (BSE) Corporate Relationship Dept., Dalal Street, Fort, Mumbai -400 001 |
The National Stock Exchange (NSE) of India Limited, Bandra (East), Mumbai- 400 051. |
| BSE Scrip Code: 531497 | NSE Scrip Code - MADHUCON |
Dear Sir / Madam,
Sub: Disclosures under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and takeovers) Regulations, 2011.
Please find enclosed herewith the disclosure dated April 1[st ] 2023 in the prescribed format under regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in respect of Equity Shares of Madhucon Projects Limited (Target Company) transmitted to me from my Late Mother Mrs. Varamma Nama (Promoter of Madhucon Projects Limited)
The aforesaid transmission is pursuant to regulation 10(1)(g) of SEBI ( SAST) Regulation, 2011 and hence exempted from obligation of making an open offer.
This is for your information & record.
Thanking You ,
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(Tulasamma Malampati)
Encl: As Above.
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) | Madhucon Projects Limited | Madhucon Projects Limited | Madhucon Projects Limited | Madhucon Projects Limited |
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| 2. | Name of the acquirer(s) | Tulasamma Malampati | ||||
| 3. | Name of the stock exchange where shares of the TC are listed |
National Stock Exchange of India Ltd, BSE Limited |
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| 4. | Details of the transaction including rationale, if any, for the transfer/ acquisitionofshares. |
the equity shares of the company are transmitted to me on march 31st, 2023 from my Late mother Mrs. Varamma Nama on her demise |
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| 5. | Relevant regulation under which the acquirer is exempted from making open offer. |
Regulation 10(1)(g) of SEBI (substantial Acquisition of shares and Takeovers) Regulations , 2011 |
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| 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 the regulations. -Date of filing with the stock exchange. |
Not required as the transaction falls under Regulation 10(1) (g) pertaining to transmission of Equity Shares |
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| 7. | Details of acquisition | Disclosures required to be made under regulation 10(5) |
Whether the disclosures under regulation 10(5) are actuallymade |
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| a. | Name of the transferor / seller | Not Applicable | Not Applicable | |||
| b. | Date of acquisition | Not Applicable | Not Applicable | |||
| c. | Number of shares/ voting rights in respect of the acquisitions from eachperson mentioned in 7(a)above |
Not Applicable | Not Applicable | |||
| d. | Total shares proposed to be acquired / actually acquired as a % of diluted share capital of TC |
Not Applicable | Not Applicable | |||
| e. | Price at which shares are proposed to be acquired / actuallyacquired |
Not Applicable | Not Applicable | |||
| 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 |
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| a | Each Acquirer / Transferee(*) | |||||
| Mrs.Tulusamma Malampati | 6,45,0000 | 0.87% |
12,90,000 | 1.75% |
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| b | Each Seller / Transferor | |||||
| Mrs. Varamma Nama | 6,45,000 | 0.87% | - | - |
Note:
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(*) Shareholding of each entity shall be shown separately and then collectively in a group.
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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.
Thanking You
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(Tulasamma Malampathi)
Place: Khammam Date: 01-04-2023