AI assistant
Salzer Electronics Ltd. — Major Shareholding Notification 2022
Dec 16, 2022
61391_rns_2022-12-16_fb2c1179-2b01-4629-a810-f08765158fdf.pdf
Major Shareholding Notification
Open in viewerOpens in your device viewer
Format for Disclosures under Regulation 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011
| Name of the Target Company (TC) | Salzer Electronics Ltd | |||
|---|---|---|---|---|
| Name(s) of the acquirer and Persons Acting in Concert List Enclosed | ||||
| (PAC) with the acquirer | ||||
| Whether the acquirer belongs to Promoter/Promoter | Yes | |||
| group | ||||
| Name(s) of the Stock Exchange(s) where the shares of TC BSE Limited & NSE Limited | ||||
| are | ||||
| Listed | ||||
| Details of the acquisition / disposal as follows | Number | % w.r.t.total share/voting capital wherever applicable(*) |
% of total diluted share/voting capital of the $TC(*)$ |
|
| Before the acquisition under consideration, holding of: | ||||
| a) Shares carrying voting rights b) Shares in the nature of encumbrance (pledge/lien/non- disposal undertaking/others) c) Voting rights (VR) otherwise than by shares d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the |
5168675 | 32.34 | 32.34 | |
| T C (specify holding in each category) e) Total (a+b+c+d) |
||||
| Details of acquisition/sale | 5168675 | 32.34 | 32.34 | |
| a) Shares carrying voting rights acquired/sold | ||||
| Acquired | ||||
| Sold | ||||
| b) VRs acquired /sold otherwise than by shares c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold d) Shares encumbered / invoked/released by the acquirer |
1700000 | 6.50 | 6.50 | |
| e) Total (a+b+c+/-d) | 1700000 | 6.50 | 6.50 | |
| After the acquisition/sale, holding of a) Shares carrying voting rights b) Shares encumbered with the acquirer c) VRs otherwise than by shares d) Warrants/convertible securities/any other instrument |
5168675 1700000 |
32.34 6.50 |
32.34 6.50 |
|
| that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition $e)$ Total (a+b+c+d) |
6868675 | 38.84 | ||
| 38.84 |

| Mode of acquisition / sale (e.g. open market / off-market / public issue / rights issue / preferential allotment / inter-se transfer etc). |
Allotment of share under warrants preferential basis |
||
|---|---|---|---|
| Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable |
13.12.2022 | ||
| Equity share capital / total voting capital of the TC before the said acquisition / sale |
Rs.15,98,27,370/- | ||
| Equity share capital/ total voting capital of the TC after the said acquisition / sale |
Rs.15,98,27,370/- | ||
| Total diluted share/voting capital of the TC after the said acquisition |
Rs.17,68,27,370/- |
(*) Total share capital/voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.
(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.
For and on behalf of promoter group of Salzer Electronics Ltd under PAC
$\sim$ D.RAJESHKUMAR
(Signature of the acquirer / Authorised Signatory) Date: 15-December-2022 Place: COIMBATORE
| TECH | __ | |
|---|---|---|
| the control of the control of the control of | the property of the property of the property of the property of the property of the property of the control of the control of the control of the control of |
|
| and the company's company's company's | the party of the control of the con- | |
| the property of the property of the property the two companies of the companies and |
the company and the company of the company of the company of the company of the company of | Commercial Contract Contract Con- |
For and on behalf of promoter group of Salzer Electronics Ltd
X
D.RAJESHKUMAR (Signature of the acquirer / Authorised Signatory)
Date: 15-December-2022
Place: COIMBATORE
Annexure 1 Promoter(s), member of the promoter Group under PAC
| Name of promoters and Persons forming part of Promoters' Group |
Equity Shares |
% (Voting Capital) |
Equity Shares after dilution |
$%$ (Diluted) $*$ | $%$ voting Capital (otherwise) than by shares) |
|---|---|---|---|---|---|
| Salzer Spinners Limited | 0.00 | 500000 | 2.83 | ||
| SRVE Industries Ltd | 721733 | 4.52 | 821733 | 4.65 | |
| K R Health Care P Ltd | 404987 | 2.53 | 504987 | 2.86 | |
| Salzer Exports Limited | 384761 | 2.41 | 884761 | 5.00 | |
| Quebec Information Services I Ltd | 706847 | 4.42 | 1106847 | 6.26 | |
| Saradha Investment Ltd | 801472 | 5.01 | 901472 | 5.10 | |
| Total | 3019800 | 18.89 | 4719800 | 26.69 |
For and on behalf of promoter group of Salzer Electronics Ltd under PAC
$\Delta$ N
D.RAJESHKUMAR (Signature of the acquirer / Authorised Signatory)
Date: 15-December-2022 Place: COIMBATORE