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Soma Textile & Industries Ltd Major Shareholding Notification 2019

Sep 26, 2019

63350_rns_2019-09-26_d6818e6f-ade4-482b-926b-db58b8e1193e.pdf

Major Shareholding Notification

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ARVIND KUMAR SOMANY

SOMANY HOUSE, SURVEY NO. 36. KASTURBA VIDYALAY, P.O. KOBA, GANDHINAGAR - 382 007, GUJARAT. PHONE NO.: 079-22742508 Email ID: [email protected]

September 26, 2019

The Secretary, National Stock Exchange of India Ltd., Exchange Plaza, 5th Floor, Bandra -Kurla Complex, Badra (E), Mumbai - 400 051.

Bombay Stock Exchange Ltd., Phiroze Jeejeebhoy Towers (1st Floor), New Trading Ring, Rotunda, Dalal Street, Mumbai - 400 001.

Soma Textiles & Industries Limited 2, Red Cross Place, Kolkata - 700 001

Dear Sirs,

Sub: Disclosure under Regulation 29(1) & 29(2) of SEBI (SAST) Regulations, 2011, as amended.

I, the undersigned, one of the Promoter of Soma Textiles & Industries Limited (Target Company) hereby make disclosure as to acquisition/ purchase of 16,00,000 Equity Shares of Rs. 10/- each representing 4.8436% held by me in the Target Company i.e. Soma Textiles & Industries Ltd., in terms of Regulations 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 as amended, in the format prescribed by SEBI thereunder.

This disclosure may please be placed on your record.

Thanking you,

(ARVIND KUMAR SOMANY)

Encl: As above

Disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers)

Regulations, 2011

Part-A- Details of the Acquisition

Name of the Target Company (TC) SOMA TEXTILES & INDUSTRIES LIMITED
Name(s) of the acquirer and Persons Acting in
Concert (PAC) with the acquirer
Acquirer:-
1. Arvind Kumar Somany.
Persons Acting in concert (PACs) with acquirer:-
2. Surendra Kumar Somany.
3. Surendra Kumar Somany (HUF).
4. Arvind Kumar Somany (HUF).
5. KGPL Industries and Finvest Private Limited.
6. Sarvopari Investments Private Limited.
Whether the acquirer belongs to Promoter/Promoter
group
Yes
Name(s) of the Stock Exchange(s) where the shares of
TC are Listed
1. BSE Limited (BSE)
2. National Stock Exchange of India Limited (NSE)
Details of the acquisition as follows Number $%$ w.r.t. total
share/voting
capital
wherever
applicable $(*)$
% w.r.t. total diluted
share/voting capital of
the TC $(**)$
acquisition
under consideration,
Before
the
holding of acquirer along with PACs of:
Shares carrying voting rights
a)
Acquirer:-
1. Arvind Kumar Somany.
7,28,217 2.2045 2.2045
PACs:-
2. Surendra Kumar Somany.
3. Surendra Kumar Somany (HUF).
4. Arvind Kumar Somany (HUF).
5. KGPL Industries and Finvest Private Limited.
6. Sarvopari Investments Private Limited.
29,65,695
14,02,579
1,26,631
1,17,99,651
40,07,244
8.9780
4.2460
0.3833
35.7208
12.1310
8.9780
4.2460
0.3833
35.7208
12.1310
Shares in the nature of encumbrance (pledge/
b)
lien/non-disposal undertaking/others)
c) Voting rights (VR) otherwise than by equity
shares
d) Warrants/convertible
securities/any
other
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category)
Total $(a+b+c+d)$
e)
2,10,30,017 63.6637 63.6637
Details of acquisition
Shares carrying voting rights acquired 16,00,000 4.8436 4.8436
a)
VRs acquired otherwise than by equity shares
b)
securities/any
Warrants/convertible
other
$\circ$ )
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category) acquired
Shares in the nature of encumbrance (pledge/
d)
lien/non-disposal undertaking/others)
Total $(a+b+c+d)$
e)
16,00,000 4.8436 4.8436
After the acquisition, holding of acquirer along
with PACs of:
Shares carrying voting rights
a)
Acquirer:-
1. Arvind Kumar Somany. 23,28,217 7.0482 7.0482
PACs:- 29,65,695 8.9780 8:9780
2. Surendra Kumar Somany.
3. Surendra Kumar Somany (HUF).
14,02,579 4.2460 4.2460
4. Arvind Kumar Somany (HUF). 1,26,631 0.3833 0.3833
5. KGPL Industries and Finvest Private Limited. 1,02,04,651 30.8923 30.8923
6. Sarvopari Investments Private Limited. 40,07,244 12.1310 12.1310
b) VRs otherwise than by equity shares
other
Warrants/convertible
securities/any
$\mathcal{C}$ )
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category) after acquisition
Shares in the nature of encumbrance (pledge/
$\mathrm{d}$ )
lien/non-disposal undertaking/others)
Total $(a+b+c+d)$
e)
2,10,35,017 63.6788 63.6788
Mode of acquisition (e.g. open market / public issue /
allotment / inter-se
rights issue /preferential
Open Market
transfer/encumbrance, etc.)
Salient features of the securities acquired including N.A.
time till redemption, ratio at which it can be converted
into equity shares, etc.
Date of acquisition of date of receipt of intimation of
allotment of shares /VR/ warrants/convertible 25/09/2019
securities/any other instrument that entitles the
acquirer to receive shares in the TC.
Equity share capital / total voting capital of the TC
3,30,33,000 Equity Shares of Rs. 10/- each
before the said acquisition
Equity share capital/ total voting capital of the TC 3,30,33,000 Equity Shares of Rs. 10/- each
after the said acquisition
Total diluted share/voting capital of the TC after the 3,30,33,000 Equity Shares of Rs. 10/- each
said acquisition

Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Name of the Target Company (TC) SOMA TEXTILES & INDUSTRIES LIMITED
Name(s) of the acquirer and Persons Acting in Concert (PAC)
with the acquirer
Acquirer:-
1. Arvind Kumar Somany.
Persons Acting in concert (PACs) with acquirer:-
2. Surendra Kumar Somany.
3. Surendra Kumar Somany (HUF).
4. Arvind Kumar Somany (HUF).
5. KGPL Industries and Finvest Private Limited.
6. Sarvopari Investments Private Limited.
Whether the acquirer belongs to Promoter/Promoter group Yes
Name(s) of the Stock Exchange(s) where the shares of TC are 1. BSE Limited (BSE)
Listed 2. National Stock Exchange of India Limited (NSE)
Details of the acquisition as follows Number $%$ w.r.t. total
share/voting
capital
wherever
applicable $(*)$
% w.r.t. total diluted
share/voting capital of
the TC $(**)$
Before the acquisition under consideration, holding of:
a) Shares carrying voting rights
Acquirer:-
Arvind Kumar Somany. 7,28,217 2.2045 2.2045
b)
$\mathbf{d}$ )
Shares in the nature of encumbrance (pledge/ lien/ non-
disposal undertaking/ others)
c) Voting rights (VR) otherwise than by equity shares
Warrants/convertible securities/any other instrument that
entitles the acquirer to receive shares carrying voting rights
e) in the TC (specify holding in each category)
Total $(a+b+c+d)$
Details of acquisition 7,28,217 2.2045 2.2045
a) Shares carrying voting rights acquired
Arvind Kumar Somany
16,00,000 4.8436 4.8436
b)
$\mathcal{C}$ )
d)
VRs acquired/sold otherwise than by shares
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
Shares encumbered/invoked/released by the acquirer
e) Total $(a+b+c+d)$ 16,00,000 4.8436 4.8436
After the acquisition/sale, holding of:
a)
b)
$\mathcal{C}$ )
Shares carrying voting rights
Acquirer:-
Arvind Kumar Somany
Shares encumbered with the acquirer
VRs otherwise than by shares
23,28,217 7.0482 7.0482

Q

Warrants/convertible securities/any other instrument that
d)
entitles the acquirer to receive shares carrying voting rights
in the TC (specify holding in each category) after
acquisition
e) Total $(a+b+c+d)$ 23, 28, 217 7.0482 7.0482
Mode of acquisition (e.g. open market / off-market/ public issue Open Market
/ rights issue /preferential allotment / inter-se transfer etc).
Date of acquisition of shares/ VR or date of receipt of 25/09/2019
intimation of allotment of shares, whichever is applicable.
Equity share capital / total voting capital of the TC before the 3,30,33,000 Equity Shares of Rs. 10/- each
said acquisition/ sale
Equity share capital/ total voting capital of the TC after the said 3,30,33,000 Equity Shares of Rs. 10/- each
acquisition/sale
Total diluted share/voting capital of the TC after the said 3,30,33,000 Equity Shares of Rs. 10/- each
acquisition

(*) Total share capital/voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Regulation 31(1)(b) of the SEBI LODR Regulations, 2015.

(**) 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.

Signature of the acquirer: (ARVIND KUMAR SOMANY)

Place: Ahmedabad Date: 26/09/2019