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Polychem Ltd — Major Shareholding Notification 2024
Sep 24, 2024
62149_rns_2024-09-24_74ca4d97-d90c-4449-8774-8c7a82460228.pdf
Major Shareholding Notification
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POLYCHEM LIMITED
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CIN: L24100MH1955PLC009663
REGD. OFFICE: 7. JAMSHEDJI TATAROAD. CHURCHGATE RECLAMATION. MUMBAI-400 020 Ph: 022 - 2282 0048, E-mail: [email protected] , Website: www.polychemltd.com
Date: 24/09/2024
To Head Listing Compliance Bombay Stock Exchange Ltd. Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001
Company Code – 506605
Dear Sir/Ma'am,
Sub: Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Re: Sale of 60,000 Equity Shares i.e. 0.70% of equity share capital of Gujarat Poly Electronics Limited (GPEL) (Subsidiary Co.) in Open Market:
As required under regulation 30(c)(3) of SEBI (LODR) Regulations, 2015, we would like to inform that Polychem Limited has further sold 60,000 Equity shares i.e. 0.70% of equity share capital of GPEL, (Subsidiary Company) at a price of Rs. 129.40 per share in Open Market on 23[rd] September, 2024, for a total consideration of Rs. 77,64,000/- (Rupees Seventy – seven lakh Sixty four thousand only).
Post this transaction, the total equity shares held by the Polychem Limited in GPEL is 44,53,745 shares which is 52.09% of the total equity share capital of the Company.
You are requested to take this on record.
Yours faithfully, For Polychem Limited
DEEPALIBEN Digitally signed by DEEPALIBEN VISHAL VISHAL CHAUHAN CHAUHAN Date: 2024.09.24 10:50:49 +05'30'
(Deepali V Chauhan) Company Secretary & Compliance Officer Mem No. A38273