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Pricol Limited Major Shareholding Notification 2021

Jun 30, 2021

62089_rns_2021-06-30_fc4ffd9f-7741-4cc6-971e-db4ed5b53a12.pdf

Major Shareholding Notification

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PR/COL LIMITED

Passion to Excel

109, Race Course, Coimbatore 641018, India

. +91 422 4336000 1ml +91 422 4336299 ~ [email protected]. in e pricol.com

CIN:L34200TZ2011PLC022194

PL/SEC/TGT /2021-22/024 Tuesday, 29th June 2021

A CUSTOMERS A EMPLOYEES A SHAREHOLDERS A SUPPLIERS

The Manager Listing Department Corporate Relationship Department
National Stoc~ Exchange of India Limited BSE Limited
"Exchange Plaza', C-1, Block G 1st Floor, New Trading Ring
Bandra-Kurla Complex, Rotunda Building, P J Towers,
Bandra (E), Mumbai-400 051 Dalal Street, Fort, Mumbai 400 001
Script Code: PRICOLLTD Script Code: 540293

Dear Sirs,

Sub: Intimation under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011

The Company has received disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 from Mr.Vikram Mohan, for Interse transfer of shares (Indirect).

The details of Inter-se transfer (Indirect) are as follows:

  • a) Inter-se transfer of shares of Pricol Holdings Limited among immediate relatives. Pricol Holdings Limited, a promoter group of Pricol Limited, holds 11,001,762 shares (9.03%) of Re.1 each of Pricol Limited.
  • b) Transfer by way of Gift to Mr.Vikram Mohan, from:
    • Mr.Vijay Mohan 22,495 Shares of Rs.100 /- each of Pricol Holdings Limited.
    • Mrs.Vanitha Mohan 22,496 Shares of Rs.100/- each of Pricol Holdings Limited.
    • Mr.Viren Mohan 1 Share of Rs.100 /- each of Pricol Holdings Limited.

Total - 44,992 Shares of Rs.100 /- each of Pricol Holdings Limited.

As only the shares of Pricol Holdings Limited are transferred between the immediate relatives / promoters of Pricol Limited, there will not be any change in the Promoters Shareholding of the company.

Accordingly, we are enclosing herewith the copy of disclosure pursuant to Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

This is for your information and records.

Yours faithfully,

For Pricol Limited

\ '\

T.G.Thamizhanban Company Secretary ICSI M.No: F7897

Encl: as above

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) Regulations, 2011

1. Name of the Target Company (TC) Pricol Limited
2. Name of the acquirer(s) Mr. Vikram Mohan
3. Name of the stock exchange where shares BSE Limited
of the TC are listed National Stock Exchange of India Limited
4. Details of the transaction including Receipt by way of Gift from:
rationale, if any, for the transfer/ a. Mr.Vijay Mohan - 22495 Shares of Rs.100/-each of Pricol
acquisition of shares. Holdings Limited.
b. Mrs.Vanitha Mohan - 22496 Shares of Rs.100/-each of
Pricol Holdings Limited
1 share of Rs.100/-each of Pricolc. Mr.Viren Mohan -
Holdings Limited.
44,992 Shares of Rs.100/-each of Pricol HoldingsTotal -
Limited.
Mr.Vijay Mohan, Mrs.Vanitha Mohan, Mr.Vikram Mohan
and Mr.Viren Mohan are immediate relatives as per theSEBI (Prohibition of Insider Trading) Regulations, 2015
Pricol · Holdings Limited, a promoter group of Pricol
Limited, holds 11,001,762 shares (9.03%) of Re.I each of
Pricol Limited.
5. Relevant regulation under which the 10 (l)(a)(i)
acquirer is exempted from making open
offer.
6. Whether disclosure of proposed
acquisition was required to be madeunder regulation 10 (5) and if so, Yes. Disclosure under regulation 10 (5) was filed with the
- whether disclosure was made and stock exchange within the specified timeline.
whether it was made within the
timeline specified under the regulations.
- date of filing with the stock exchange. 18-June-2021
7. Details of acquisition Disclosures required to be Whetherthe
under regulation 10( 5) disclosures
underregn10(5)are
actually made
a. Name of the transferor / seller Mr.Vijay Mohan Yes.
Mrs. Vanitha Mohan
Mr.Viren Mohan
(Promoter /immediate realtives)
b. Date of acquisition 28-J une-2021 Yes
C. Number of shares/ voting rights inrespect of the acquisitions from each ofa.Mr.Vijay Mohan -22,495shares Yes
Rs.100/- each of Pricol Holdings Limited.22,496 shares ofb.Mrs.Vanitha Mohan -
person mentioned in 7(a) above Rs.100/- each of Pricol Holdings Limited.
1 Share of Rs.100/-c.Mr.Viren Mohan -
each of Pricol Holdings Limited
44,992 Shares of Rs. I 00/-each ofTotal -
Pricol Holdings Limited.

. .. Contd2

d. Total shares proposed to be acquired/ actually acquired as a% of dilutedshare capital of TC Shares held by aforesaid transferorsm Pricol Holdings Limited aretransferred to Mr.Vikram Mohan,by way of gift.Pricol Holdings Limited, a promoterof Pricol Limited, holdsgroup11,001,762 shares (9.03%) of Re.1each of Pricol Limited. Yes
e. Price at which shares areproposed to be acquired /actually acquired NA NA
8. Shareholding details # Pre-Transaction Post-Transaction
No. of sharesheld %w.r.ttotal sharecapital ofTC No.ofsharesheld %w.r.ttotal sharecapital ofTC
a Each Acquirer I Transferee(*) 76,25,506 6.26 76,25,506 6.26
>------ b Each Seller / Transferor
-- Mr.Vijay Mohan 96,15,636 7.89 96,15,636 7.89
- Mrs.Vanitha Mohan 57,31,468 4.70 57,31,468 4.70
Mr.Viren Mohan 66,58,409 5.46 66,58,409 5.46

# As the shares of Pricol Holdings Limited only gifted between Promoter / Immediate relatives, there is no change in shares held by acquirer and sellers in Pricol Limited.

Note:

/

  • (*) Shareholding of each entity shall be shown separately and then collectively in a group.
  • The above disclosure shall be signed by the acquirer mentioning date & place. In case, there is more than one acquirer, the report shall be signed either by all the ~

' /l_ ~ ~

Si; ature of the acquirer

(Vikram Mohan)

Date: 29-June-2021