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