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Sandhar Technologies Limited — Major Shareholding Notification 2024
Jan 25, 2024
60876_rns_2024-01-25_054bbdc0-ec7c-4405-a7b2-aa646928017e.pdf
Major Shareholding Notification
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Ref: STL /SE/ 2023-2024/Regulation 30/67 Dated: 25[th] January, 2024
To, To, Department of Corporate Services Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza C-1, G-Block, Bandra-Kurla Mumbai- 400001 Complex, Bandra (East) Mumbai – 400051
BSE Code: 541163; NSE: SANDHAR
Dear Sir/ Madam,
Sub: Intimation under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015.
In continuation to our intimation dated 23[rd] January, 2024 (STL /SE/ 2023-2024/Regulation 30/65) & 24[th] January, 2024 (STL /SE/ 2023-2024/Regulation 30/66) submitted with the Stock Exchange, with respect to Strategic Acquisition in M/s Sandhar Tooling Private Limited (“Investee Company”).
As stated in the 23[rd] January,2024 intimation, the Company proposes to acquire 20.08% of total issued and paid up share Capital of Investee Company. Out of this 11,95,000 (Eleven Lakh NinetyFive Thousand) equity shares equivalent to 19.92% of total issued and paid up share Capital of Investee Company from M/s Stitch Overseas Private Limited were acquired and informed to Exchange on 24[th] January, 2024.
In this regard, this is to inform that the Company has acquired another 5,000 (Five Thousand) equity shares equivalent to 0.08% of total issued and paid up share Capital of Investee Company from Mr. Parveen Satija. Accordingly, the Shareholding of the Company in the Investee Company post said Acquisition is 99.92% of the total issued and paid up share Capital of the Investee Company.
Further, the remaining 5,000 (Five Thousand) Equity Shares equivalent to 0.08% of total issued and paid up Share Capital of Investee Company, as and when acquired from the existing shareholder of the Investee Company, will be intimated.
We request you to kindly take the above on record.
Thanking You. Yours Faithfully,
FOR SANDHAR TECHNOLOGIES LIMITED
Yashpal Digitally signed by Yashpal Jain Jain Date: 2024.01.25 16:06:01 +05'30' YASHPAL JAIN (CHIEF FINANCIAL OFFICER)
Sandhar Technologies Limited
Corporate Office: 13, Sector-44, Gurugram-122 002, Haryana, India. Ph: + 91 12-4518900 Registered Office: B-6/20, L.S.C., Safdarjung Enclave, New Delhi-110 029, India, Ph: +91-11-40511800 E-mail: [email protected], website: www.sandhargroup.com; CIN-L74999DL1987PLC029553