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Peninsula Land Limited Major Shareholding Notification 2021

Aug 27, 2021

60367_rns_2021-08-27_08385dc9-f28b-449c-a53a-87a228c64ef7.pdf

Major Shareholding Notification

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URVI ASHOK PIRAMAL 2. Piramal House 61, Sir Pochkhanwala Road Worli Mumbai-400030

Date: 27th August, 2021

To. The Manager.

BSE Limited National Stock Exchange of India Limited
Corporate Relationship Department, Exchange Plaza, 5th Floor,
Phiroze Jeejeebhoy Towers; Plot No.C/1, G Block,
Dalal Street, Bandra-Kurla Complex, Bandra (E),
Mumbai - 400001 Mumbai - 400051
Scrip Code: 503031 Symbol: PENINLAND

Sub: Report under Regulation 10(6) in respect of the acquisition under Regulation 10(1)(a)(ii) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Sir/ Madam,

I, the undersigned, am submitting the requisite report under Regulation $10(6)$ in respect of the acquisition under Regulation 10(1)(a)(ii) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 by me of 15.08% of the paid-up equity shares of Peninsula Land Limited on 26th August, 2021.

This is for your information and records. .

A Privil

Urvi A. Piramal CC: Peninsula Land Limited 503, 5th Floor, Peninsula Tower-1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel Mumbai - 400013

Format for 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)

Name of the Target Company (TC) Peninsula Land Limited
2. Name of the acquirer(s) Mrs. Urvi Piramal
3. Name of
the stock exchange where
shares of the TC are listed
The National Stock Exchange of India Limited (NSE) and
BSE Limited
4. Details of the transaction including
rationale, if any, for the
acquisition of shares.
Inter-se transfer amongst 'Qualifying Persons' being
transfer/ persons named in the shareholding pattern filed by TC for
not less than 3 years prior to the proposed acquisition
Transfer between promoters (i.e. distribution from Ashok
Piramal Group Real Estate Trust to Mrs. Urvi A Piramal,
one of the beneficiaries)
5. Relevant regulation under which the
acquirer is exempted from making open
offer.
Regulation $10(1)(a)(ii)$
6. disclosure
of proposed
Whether
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
exchange.
Yes
Yes
filing with the stock Filed on $19th$ August, 2021
7. Details of acquisition Disclosures
required to be
made under
regulation $10(5)$
Whether the
disclosures under
regulation $10(5)$
are actually made
a. Name of the transferor / seller:
Ashok Piramal Group Real Estate Yes 1 Yes
b. Date of acquisition $26th$ August, 2021
$\mathbf{c}$ . Number of shares/voting rights in
respect of the acquisitions from each
person mentioned in 7(a) above
4,21,00,000 (15.08%) equity shares of TC
d. Total shares proposed to be acquired /
actually acquired as a % of diluted
share capital of TC
4,21,00,000 (15.08%) equity shares of TC
$e_{\cdot}$ Price at which shares are proposed to
be acquired /actually acquired
Not applicable as the transfer is by way of distribution to
beneficiary of the Trust
8. Shareholding details Pre-Transaction Post-Transaction
No. of
shares
held of
TC 1
% w.r.t
total
share
capital of
TC
No. of
shares
held of
TC
% w.r.t
total
share
capital of
TC
Each Acquirer/Transferee (*)
a
As per Annexure A
Each Seller/Transferor

Note:

  • (*) Shareholding of each entity shall be shown separately and then collectively in a group. $\bullet$
  • The above disclosure shall be signed by the acquirer mentioning date $\&$ place. In case, there $\bullet$ 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.

Mri A Priamal

Urvi A. Piramal

Place: Mumbai
Date: 27th August, 2021

Shareholding Details Before the proposed
transaction
After the proposed
transaction
Number of
shares
$\frac{6}{10}$ w.r.t
total share
capital of
TC
Number of
shares
$%$ w.r.t
total share
capital of
ТĈ
a. Acquirer(s) and PAC
(other than seller):
1 Urvi Piramal 27,92,015 $1\%$ 4,48,92,015 16.08
$\frac{0}{0}$
PACs (other than sellers
/ transferors)
Rajeev Ashok Piramal 9,21,365 0.33% 9,21,365 0.33%
$\overline{2}$ Nandan Ashok Piramal 9,21,365 0.33% 9,21,365 0.33%
$\overline{3}$ Harshvardhan Ashok
Piramal
9,21,365 0.33% 9,21,365 $0.33\%$
$\overline{4}$ Kalpana Singhania 30,000 0.01% 30,000 0.01%
$\overline{5}$ Anjali Mody Family
Private Limited
13,24,000 0.47% 13,24,000 0.47%
6 Aditi Mody Family
Private Limited
13,24,000 0.47% 13,24,000 0.47%
7 Aarti Pandit Family
Private Limited
13,13,092 0.47% 13,13,092 0.47%
$\overline{8}$ Powerjet Carriers and
Transporters Private
Limited
66,414 0.02% 66,414 0.02%
b. Seller / Transferor
1 Ashok Piramal Group
Real Estate Trust
16,24,10,717 58.17% 12,03,10,717 43.09%

Annexure A - Shares of the Target Company

Mris A Prisonal

Urvi A. Piramal

Place: Mumbai
Date: 27th August, 2021