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Prakash Industries Ltd. — Major Shareholding Notification 2021
Mar 3, 2021
61790_rns_2021-03-03_c835b32d-0cbd-4785-9b5d-310ce8530514.pdf
Major Shareholding Notification
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V.P. AGARWAL
36/78, West Punjabi Bagh New Delhi - 110 026
3rd March, 2021
Listing Department BSE Ltd. Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400001
Listing Department National Stock Exchange of India Ltd Exchange Plaza, 5th Floor, Plot No. C/1 G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400051
Company Code: 506022
Company Symbol: PRAKASH
Ref: Disclosure under Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Dear Sir,
I would like to inform you that I have acquired / purchased 40,000 equity shares of Prakash Industries Ltd. from open market (NSE) on 1st and 2nd March, 2021.
I am enclosing herewith disclosure under Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in this respect.
This is for your information and record please.
Yours turly,
V. P. Agaru
(Ved Prakash Agarwal)
Encl: as above
CC To:
Prakash Industries Ltd. 15 Km. Stone, Delhi Road, Hissar - 125044
Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of
Shares and Takeovers) Regulations, 2011
| Name of the Target Company (TC) | Prakash Industries Limited | |||
|---|---|---|---|---|
| Name(s) of the acquirer and Persons | Shri Ved Prakash Agarwal | |||
| Concert (PAC) with Acting in the |
||||
| acquirer | ||||
| Whether the acquirer belongs to |
Yes, the acquirer is promoter | |||
| Promoter/Promoter group | ||||
| Name(s) of the Stock Exchange(s) where | 1. BSE Ltd. (BSE) | |||
| the shares of TC are Listed | 2. The National Stock Exchange of India | |||
| Ltd. (NSE) | ||||
| Details of the acquisition / disposal as | Number | % w.r.t. total | % w.r.t. | |
| follows | share/voting | total diluted | ||
| capital | share/voting | |||
| wherever | capital of | |||
| applicable (*) | the TC $(**)$ | |||
| Before the acquisition under | ||||
| consideration, holding of : | ||||
| a) Shares carrying voting rights | 8548907 | 4.98 | 4.60 | |
| b) Shares in the nature of encumbrance | Nil | Nil | Nil | |
| (pledge/lien / non-disposal undertaking / | ||||
| others) | ||||
| c) Voting rights (VR) otherwise than by | Nil | Nil | Nil | |
| equity shares | ||||
| d) Warrants /convertible securities/ any |
Nil | Nil | Nil | |
| other instrument that entitles the |
||||
| acquirer to receive shares carrying | ||||
| voting rights in the T C (specify holding | ||||
| in each category) | ||||
| Total (a+b+c+d) e) |
8548907 | 4.98 | 4.60 | |
| Details of acquisition / sale : | ||||
| a) Shares carrying voting rights acquired $/$ seld |
40000 | 0.02 | 0.02 | |
| b) VRs acquired / sold otherwise than by | Nil | Nil | Nil | |
| equity shares | ||||
| c) Warrants /convertible securities/any |
Nil | Nil | Nil | |
| entitles other instrument that the |
||||
| acquirer to receive shares carrying |
||||
| voting rights in the TC (specify holding | ||||
| in each category) acquired / sold | ||||
| d) Shares in the nature of encumbrance | Nil | Nil | Nil | |
| (pledge /lien/ non-disposal undertaking/ | ||||
| others) | ||||
| $e)$ Total $(a+b+c+d)$ | 40000 | 0.02 | 0.02 |
$\frac{1}{\sqrt{2}}$
| After the acquisition / sale, holding of : | ||||
|---|---|---|---|---|
| a) Shares carrying voting rights | 8588907 | 5.01 | 4.62 | |
| b) Shares encumbered with acquirer | Nil | Nil | Nil | |
| c) VRs otherwise than by shares | Nil | Nil | Nil | |
| d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition |
||||
| Nil | Nil | Nil | ||
| e) Total (a+b+c+d) | 8588907 | 5.01 | 4.62 | |
| Mode of acquisition (e.g. open market / off- market/ public issue / rights issue / preferential allotment / inter-se transfer etc.) |
Open market | |||
| Date of acquisition of / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable |
01.03.2021 and 02.03.2021 | |||
| Equity share capital / total voting capital of the TC before the said acquisition / sale |
Rs.1715818390/- (171581839 equity shares of Rs.10/- each) |
|||
| Equity share capital/ total voting capital of the TC after the said acquisition / sale |
Rs.1715818390/- (171581839 equity shares of Rs.10/- each) |
|||
| Total diluted share/voting capital of the TC after the said acquisition |
Rs.1860000720/- (186000072 equity shares of Rs.10/- each) |
(*) Total share capital / voting capital to be taken as per the latest filing done by the Company to the Stock Exchange under SEBI (LODR) Regulation 31.
(**) 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.
V. P. Agarm
Signature of the acquirer /-seller / Authorised Signatory
Place: New Delhi
Date: 03.02.2021