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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