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Sadhana Nitrochem Ltd. Major Shareholding Notification 2021
64100_rns_2021-03-31_768d36a6-a4b6-46bc-a444-dff1dc91403e.pdf
Major Shareholding Notification
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Manekchand Panachand Trading Investment
COMPANY PRIVATE LIMITED
CIN: U67120MH1985PTC037397 Registered Office : Hira Baug, Kastruba Chowk, (C. P. Tank), Mumbai - 400 004. Tel.: 022-23865628 / 2382524 · Email: [email protected]
March 30, 2021
To, BSE Limited. 1st Floor, P.J. Towers, Dalal Street, Mumbai - 400001.
Sadhana Nitro Chem Limited Hira Baug, 1st Floor Kasturba Chow (C.P. Tank) Kasturba Chow (C.P. Tank) Mumbai-400004. Scrip Code - 506642
Subject: Disclosure under regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
$\sim$ $\sim$
Dear Sir.
ManekchandPanachand Trading Investment Company Private Limited, had pledged 60,00,000 Equity Shares of Sadhana Nitro Chem Limited in favour of Bachhraj and Company Private Limited on February 08, 2021 for which disclosure was made to the Stock Exchange and Company on February 10, 2021, however discrepancy was received in the disclosure made hence, revised disclosure was made on March $24, 2021$ in this regard.
Further, this is in response to the communication received from BSE Limited on March 25, 2021 with regards to discrepancy in Format of Disclosure are not as per Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 as per SEBI Circular and Reason for encumbrance not given.
The revised disclosure is made in the prescribed format with the following revision:
-
- Reasons for encumberance are provided.
- format of Disclosure is as per Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of 2. Shares & Takeovers) Regulations, 2011 as per SEBI Circular (format revision w.e.f August 05, $2015)$
Kindly take on record as enclosed below.
Thanking you,
For & on behalf of ManekchandPanachand Trading Investment Company Private Limited
IMENT CO Asit Dhankumar Javeri Director Authorised signatory Director DIN:00268114
Manekchand Panachand Trading Investment
COMPANY PRIVATE LIMITED
CIN: U67120MH1985PTC037397
Registered Office : Hira Baug, Kastruba Chowk, (C. P. Tank), Mumbai - 400 004. Tel.: 022-23865628 / 2382524 · Email: [email protected]
Annexure
Manekchand Panachand Trading Investment
COMPANY PRIVATE LIMITED
CIN: U67120MH1985PTC037397
Registered Office : Hira Baug, Kastruba Chowk, (C. P. Tank), Mumbai - 400 004.
Tel. : 022-23865628 / 2382524 • Email: [email protected]
For & on behalf of ManekchandPanachand Trading Investment Company Private Limited
GINVE
EKCH?
Phankumar Javeri uthorised Signatory
DIN: 00268114 irector
| % of | total | share | capita | 4.294 | $\frac{6}{6}$ | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Post event | holding of | encumbered | shares {creation | $[(2)+(3)]/$ | release $[$ (2)-(3) ] | / invocation $(1)-(3)$ |
Number | 60,00,000 | |||||||||||||
| % of Name of | the entity | in whose | favor | shares | encumber | *** g |
4.294% Bachhraj | and | Company | Private | Limited | ||||||||||
| share | capital | ||||||||||||||||||||
| Number | 60,00,000 | ||||||||||||||||||||
| Reasons for | encumbranc | $*$ | Pledge of | Shares | towards | Collateral | Security for the loan |
taken by the | Company | ||||||||||||
| Details of events pertaining to encumbrance (3) | Type of | encumbrance | pledge/ lien/ non disposal undertaking/ |
others) | Pledge | ||||||||||||||||
| Date of | creation/ | release/ | invocation of | encumbrance | 08/02/2021 | ||||||||||||||||
| Type of | event | $\frac{(\text{creation}/\text{rel.com}}{\text{relcase}})$ | invocation) | Creation | |||||||||||||||||
| Promoter | holding | already | encumber | ed(2) | % of | mb total | share | capital | $\circ$ | ||||||||||||
| $\overline{\vec{z}}$ | er | $\circ$ | |||||||||||||||||||
| % of | total | share | $\frac{1}{a}$ | $\frac{6}{6}$ | |||||||||||||||||
| Promoter holding in the target |
company(1) | Number | |||||||||||||||||||
| Name of | the | promoter | (S) or PACs | with him* | Manekchand 8,94,09,165 63.99 | Panachand | Investment Trading |
Company | Private | imited |