Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Pricol Limited Regulatory Filings 2021

Mar 19, 2021

62089_rns_2021-03-19_b603f511-fe9a-4801-bff4-f114df759730.pdf

Regulatory Filings

Open in viewer

Opens in your device viewer

Thursday, 18th March 2021

The Manager Listing Department
National Stock Exchange of India Limited
"Exchange Plaza", C-1, Block G
Bandra-Kurla Complex,
Bandra (E), Mumbai - 400 051
Corporate Relationship Department
BSE Limited
1 st Floor, New Trading Ring
Rotunda Building, P J Towers,
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

I hereby submit the disclosure as required under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, for acquisition by way of gift of 9,40,270 (0.77%) shares, details of which are stated below:

Date of
transaction
Name of person
(belongs to
promoter group)
/ Transferor
Name of the
Transferee /
Acquirer
Number of
shares
acquired as
gift
$%$ of
share
holding
$17th$ March $2021$ Mr. Vijay Mohan Mrs.Vanitha
Mohan
9,40,270 0.77%

This transaction, being an inter-se transfer of shares among the promoter group and immediate relatives, falls within the exemptions provided under Regulation 10 $(1)(a)(ii)$ of the SEBI (SAST) Regulations, 2011. The aggregate holding of Promoter and Promoter Group before and after the above inter-se transaction remains the same.

In this connection necessary disclosure under Regulation 10(6) for the above said acquisition in the prescribed format is enclosed herewith for your kind information and records.

With Regards

Vanisha Yeska

Vanitha Mohan

Encl: as above

CC: Pricol Limited, 109, Race Course, Coimbatore - 641018

Format for 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
$\overline{2}$ . Name of the acquirer(s) Mrs. Vanitha Mohan
3. Name of the stock exchange where shares of the TC
are listed
BSE Limited
National Stock Exchange of India Limited
4. Details of the transaction including rationale, if any,
for the transfer/acquisition of shares.
Receive by way of gift from Mr. Vijay Mohan
9,40, 270 (0.77%) shares of Re.1/- each of Pricol
Limited.
5. Relevant regulation under which the acquirer is
exempted from making open offer.
10(1)(a)(i)
6. SO, Whether disclosure of proposed acquisition was
required to be made under regulation 10 (5) and if
- whether disclosure was made and whether it was
made within the timeline specified under the
regulations.
- date of filing with the stock exchange.
Yes. Disclosure under regulation 10 (5) was filed
with the stock exchange within the specified
timeline.
08.03.2021
7. Details of acquisition Disclosures
required to be
made under
regulation $10(5)$
Whether the
disclosures under
regulation $10(5)$
are actually made
a. Name of the transferor / seller Mr. Vijay Mohan Yes.
$b$ Date of acquisition 17.03.2021 08.03.2021
c. Number of shares/ voting rights in respect of
the acquisitions from each person mentioned in
$7(a)$ above
9,40,270 9,40,270
d. Total shares proposed to be acquired / actually
acquired as a % of diluted share capital of TC
9,40,270
0.77%
9,40,270
$0.77\%$
e. Price at which shares are proposed to be
acquired / actually acquired
NA NA

...Contd2

8. Shareholding details Pre-Transaction Post-Transaction
No. of
shares
held
$\%$
w.r.t
total
share
capital
of TC
No. of
shares
held
% w.r.t
total
share
capital
of TC
a Each Acquirer / Transferee(*) 47,91,198 3.93 57, 31, 468 4.70
b Each Seller / Transferor
Mr. Vijay Mohan 1,17,51,785 9.64 1,08,11,515 8.87

Note:

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

VaniTha Globan

Date: $|8 - M\omega_1 - 202|$