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Onward Technologies Ltd. — Major Shareholding Notification 2019
Apr 1, 2019
60726_rns_2019-04-01_188f80b7-77e6-41db-bbb8-7093755b79c2.pdf
Major Shareholding Notification
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Date: 01st April, 2019
BSE Limited Corporate Relations Department P J Towers, Dalal Street Mumbai 400 001
National Stock Exchange of India Ltd., Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400 051.
Ref: Scrip Code - BSE: 517536 NSE: ONWARDTEC
Dear Sir,
Subject: Disclosure under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of shares & Takeovers) Regulation 2011.
Please find herewith enclosed, the disclosure pursuant to Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of shares & Takeovers) Regulation 2011 as on 31st March, 2019.
Kindly acknowledge receipt of the same.
For and on behalf of the Promoter and Promoter group of Onward Technologies Limited
$\text{tr} s$ $\text{tr}$
Harish Mehta
Encl: As above
CC: Onward Technologies Limited Sterling Centre, 2nd Floor, Dr. Annie Besant Road, Worli, Mumbai - 400018
To,
Disclosures under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
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Part - A - Details of Shareholding
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| 1. Name of the Target Company (TC) | Onward Technologies limited | ||||
|---|---|---|---|---|---|
| 2. Name(s) of the stock exchange(s) where the shares of the TC are listed |
Bombay Stock Exchange limited (BSE) National Stock Exchange of India Limited (NSE) |
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| 3. Particulars of the shareholder(s): | No. of Shares | Percentage (% ) |
|||
| a. Name of person(s) together with | Α. PROMOTER |
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| Persons Acting in Concert (PAC) | Onward Network $\bullet$ |
7857112 | 49.71 | ||
| whose total holding (including that in | Technologies Pvt. Ltd. | ||||
| the form of shares, warrants, convertible securities and any other |
Total A | 7857112 | 49.71 | ||
| instrument that would entitle the | B. PROMOTER GROUP |
||||
| holder to receive shares in the TC) is | Desai Finewealth $\bullet$ |
508583 | 3.22 | ||
| more than 25% of the voting rights of | Investments and Securities | ||||
| the TC. | Pvt. Ltd. | ||||
| Or | Harish Shantilal Mehta $\bullet$ |
216528 1.37 |
|||
| b. Name(s) of promoter(s), member of the promoter group and PAC with him. |
Jigar Harish Mehta $\bullet$ |
426542 2.70 |
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| Heral Harish Mehta $\bullet$ |
187186 1.18 |
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| Prachi Mehta $\bullet$ |
141502 | 0.91 | |||
| Total B | 1480341 | 9.38 | |||
| Total (A+B) | 9337453 | 59.08 | |||
| 4. Particulars of the shareholding of | Name of shares | % w.r.t. total share/voting capital wherever applicable |
% of total diluted share/voting capital of $TC(*)$ |
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| person(s) mentioned at (3) above | |||||
| As of March 31 st of the year, holding | |||||
| of: | |||||
| Shares a) |
|||||
| Voting Rights (otherwise than b) |
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| by shares) | |||||
| c) Warrants, |
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| Convertible Securities d) |
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| Any other instrument that e) |
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| would entitle the holder to | |||||
| receive shares in the TC. | |||||
| Total |
(*) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.
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