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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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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