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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