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Pricol Limited — Major Shareholding Notification 2021
Mar 8, 2021
62089_rns_2021-03-08_20ebd7c7-48e6-48de-ab36-b4c4135d008e.pdf
Major Shareholding Notification
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| day,8thMarch,2021 | |||
|---|---|---|---|
| TheManagerListingDepartmentNationalStockExchangeofIndiaLimited"ExchangePlaza',C-1,BlockGBandra-KurlaComplex,Bandra(E),Mumbai-400051 | ManagerListingDepartmentionalStockExchaneofInd | iaLimited | CorporateRelationshipDepartmBSELimited |
| **g **changePlaza',C-1,BlockGndra-KurlaComplex | 1stFloor,NewTradingRingRotundaBuildingPJTowers | ||
| ScriptCode:PRICOLLTD | ScriptCode: 540293 |
| Dateoftransaction | Nameofperson(belongstopromotergroup)/Transferor | NameoftheTransferee/Acquirer | Numberofsharesproposedtobeacquiredasgift | %ofshareholding |
|---|---|---|---|---|
| 15thMarch2021to19thMarch2021 | Mr.VijayMohan | Mr.VikramMohan | 11,95,879 | 0.98% |
| 15thMarch2021to19thMarch2021 | Mr.VirenMohan | Mr.VikramMohan | 19,02,402 | 1.56% |
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| Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respectofacquisitionunder Regulation 10(1)(a) of SEBI {Substantial AcquisitionofShares and Takeovers}Regulations. 2011 | Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respectofacquisitionunder Regulation 10(1)(a) of SEBI {Substantial AcquisitionofShares and Takeovers}Regulations. 2011 | Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respectofacquisitionunder Regulation 10(1)(a) of SEBI {Substantial AcquisitionofShares and Takeovers}Regulations. 2011 | Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respectofacquisitionunder Regulation 10(1)(a) of SEBI {Substantial AcquisitionofShares and Takeovers}Regulations. 2011 | Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respectofacquisitionunder Regulation 10(1)(a) of SEBI {Substantial AcquisitionofShares and Takeovers}Regulations. 2011 |
|---|---|---|---|---|
| 1.2.3.4. | Nameofthe TargetCompany (TC)Pricol LimitedNameofthe acquirer(s)Mr.Vikram MohanWhetherthe acquirer(s) is/ are promotersoftheTheacquirer is a Promoter.TCprior to the transaction. If not, natureofTransferor andTransferare immediaterelationshiporassociation withtheTCorits relatives and promotersofPricol LimitedpromotersDetailsoftheproposed acquisitiona.Nameofthe person(s) fromwhomsharesareMr.Vijay Mohanto be acquiredMr.Viren Mohanb.Proposed dateofacquisitionDuring 15thMarch 2021 to 19thMarch,2021C.Numberofshares to be acquired fromeachReceipt bywayofGift from:person mentioned in 4(a) aboveMr.Vijay Mohan- 11,95,879 Shares(0.98%)ofRe.1/- eachofPricol Limited.Mr.Viren Mohan- 19,02,402 shares(1.56%)ofRe.1/- eachofPricol Limited.d. Total shares to be acquiredas%ofshare2.54% (0.98+1.56)capitalofTC | |||
| e. Priceatwhich shares are proposedtobeacquired | NA | |||
| f.Rationale,ifany,forthe proposed transfer | lnter-se transfer among Immediaterelatives | |||
| 5. | Relevant sub-clauseofregulation 10(1 )(a) underwhich the acquirer is exempted from making openoffer | 10(1 )(a)(i) | ||
| 6. | If, frequently traded, volume weighted averagemarketpricefora periodof60trading dayspreceding the dateofissuanceofthis notice astraded onthestockexchangewherethemaximumvolumeoftrading in the sharesoftheTCare recorded durinqsuchperiod. | Rs.57.50 | ||
| 7. | If in-frequently traded, the price as determined intermsofclause (e)ofsub-regulation(2)ofrequlation8. | NotApplicable | ||
| 8. | Declarationbythe acquirer, that the acquisitionprice wouldnotbe higher bymorethan25%ofthe price computed in point 6orpoint 7asapplicable. | NotApplicable | ||
| 9. | Declaration by the acquirer, thatthetransferorand transferee have complied / willcomplywithapplicable disclosure requirements in Chapter VoftheTakeoverRegulations, 2011( corresponding..oftherepealedprovIsIonsTakeoverRequlations1997) | Yes | ||
| 10. | Declaration by the acquirer that all the conditionsspecified under regulation 10(1 )(a) with respect toexemptions has been duly complied with. | Yes |
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| /2/ | /2/ | |||||
|---|---|---|---|---|---|---|
| 11. | Shareholding details | Before the proposedtransaction | After the proposedtransaction | |||
| No. ofshares/votingrights | %w.r.ttotalsharecapital ofTC | No.ofshares/votingrights | %w.r.ttotalsharecapitalofTC | |||
| a | Acquirer(s) and PACs (other than sellers)(*)-Mr.Vikram Mohan | 45,27,225 | 3.71 | 76,25,506 | 6.25 | |
| b | Seller (s)Mr.Vijay Mohan#Mr.Viren Mohan | 1,08,11,51585,60,811 | 8.877.02 | 96,15,636 66,58,409 | 7.89 5.46 |
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