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SRF Ltd. Major Shareholding Notification 2024

Feb 5, 2024

61903_rns_2024-02-05_18cd0613-a13d-4d2d-b5b5-5ba2373138e5.pdf

Major Shareholding Notification

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Date: 05.02.2024

To,

BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5[th] Floor Dalal Street Bandra-Kurla Complex Mumbai-400001 Bandra (E), Mumbai-400051 Scrip Code: 503806 Scrip Code: SRF ISIN: INE647A01010 ISIN: INE647A01010 Email: [email protected] Email: [email protected]

Sub: Report under regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Sir,

Please find attached report under regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for acquisition of 25,000 (twenty-five thousand) equity shares of SRF Limited each by Ashish Bharat Ram and Kartik Bharat Ram from Mr. Arun Bharat Ram by way of inter-se transfer through gift amongst qualifying persons being immediate relatives.

The transaction has been done with no price consideration consequent to intimation under regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 sent to the exchange on 24.01.2024.

The transaction has not resulted in any change in control and holding of the overall promoter group.

Kindly take the same on records.

ASHISH Digitally signed by KARTIK Digitally signed by BHARAT ASHISH BHARAT RAM Date: 2024.02.05 BHARAT KARTIK BHARAT RAM RAM 12:16:28 +05'30' Date: 2024.02.05 RAM 12:17:49 +05'30'

Ashish Bharat Ram Kartik Bharat Ram

Encl. as above

Disclosure under Regulation 10(6) – Report to Stock Exchanges in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

1. Name of the Target Company
(TC)
Name of the Target Company
(TC)
SRF Limited SRF Limited SRF Limited SRF Limited
2. Name of the acquirer(s) 1. Ashish Bharat Ram
2. Kartik Bharat Ram
3. Name of the stock exchange
where shares of the TC are listed
1. BSE Limited
2. National Stock Exchange of India Limited
4. Details
of
the
transaction
including rationale, if any, for the
transfer/ acquisition of shares
Inter-se transfer between immediate relative
through gift.
5. Relevant regulation under which
the acquirer is exempted from
making open offer
Regulation 10(1)(a)(i) through inter-se transfer
amongst qualifying persons being immediate
relatives.
6. Whether disclosure of proposed
acquisition was required to be
made under regulation 10(5) and
if so,
− Whether disclosure was
made and whether it was
made within the timeline
specified
under
the
regulations
− Date of filing with the
stock exchange
− Yes, prior disclosure was made under
Regulation 10(5) to both stock exchanges.
− 24.01.2024
7. Details of acquisition Disclosures required to
be made under
regulation 10(5)
Whether the
disclosures under
regulation 10(5) are
actually made
a. Name of the transferor/ ~~seller~~ Mr. Arun Bharat Ram Yes
b. Date of acquisition 05.02.2024 Yes
c. Number of shares/ voting
rights in respect of the
acquisitions from each person
mentioned in 7(a) above
25,000
equity
shares
acquired each by Ashish
Bharat Ram and Kartik
Bharat Ram from Mr.
Arun Bharat Ram (total
50,000 equity shares)
Yes
d. Total shares proposed to be
acquired / actually acquired
as a % of diluted share capital
of TC
0.017% Yes
e. Price at which shares are
proposed to be acquired/
actually acquired
Not applicable Yes
8. Shareholding details Pre-transaction Post-transaction
No. of
shares held
@ w.r.t.
total share
No. of
shares held
@ w.r.t.
total

ASHISH Digitally signed by BHARAT ASHISH BHARAT RAM Date: 2024.02.05 RAM 12:16:42 +05'30'

Digitally signed by KARTIK KARTIK BHARAT RAM BHARAT RAM Date: 2024.02.05 12:18:03 +05'30'

capital of
TC
share
capital
of TC
a. Each acquirer/ transferee (*):
− KAMA Holdings Limited
− Ashish Bharat Ram
− Kartik Bharat Ram
14,96,45,000
Nil
Nil
50.4833%
Nil
Nil
14,96,45,000
25,000
25,000
50.4833%
0.0084%
0.0084%
b. Each seller/ transferor 1,37,500 0.0464% 87,500 0.0296%

Note:

  • (*) Shareholding of each entity shall be shown separately and then collectively in a group.

  • The above disclosure shall be signed by the acquirer mentioning date and place. In case, there is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers.

ASHISH Digitally signed by ASHISH BHARAT KARTIK Digitally signed by KARTIK BHARAT BHARAT RAM Date: 2024.02.05 BHARAT RAM RAM 12:16:53 +05'30' RAM Date: 2024.02.05 12:18:15 +05'30'

Ashish Bharat Ram Kartik Bharat Ram

Note:

The transaction under report has been done with no price consideration consequent to intimation under regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 sent to the exchange on 24.01.2024 and has not resulted in any change in control and holding of the overall promoter group.