Sri Chakra Cement Limited — Major Shareholding Notification 2021

Sep 7, 2021

Date: 07-09-2021

To:

1. The Board of Directors Sri Chakra Cement Limited Hyderabad

2. Department of Corporate Services

Listing Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai-400001, India Fax: (022) 2272 3121/2037 Email: corp.relations@bseindia.com

Dear Sir/Madam,

Sub: Submission of Disclosure under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

*

With reference to the captioned subject, I hereby submit a disclosure on acquisition of equity shares of Sri Chakra Cement Limited in terms of Regulation 10(5) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Yours Sincerely,

==> picture [82 x 21] intentionally omitted <==

K V NAGA LALITHA Promoter

Encl: Format of Under Reg 10(5) of SAST

– Format for Disclosures under Regulation 10(5) Intimation to Stock Exchanges in respectof acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares andTakeovers)Regulations, 2011

1.	Name of the Target Company(TC)	Name of the Target Company(TC)	SRI CHAKRA CEMENT LIMITED
2.	Name of the acquirer(s)		Smt K V NAGA LALITHA
3.	Whether the acquirer(s) is/ are promoters of the TC prior to the transaction. If not nature of relationship or association with the TC or its promoters		Yes
4.	Details of theproposed acquisition
	a.	Name of the person(s) from whom shares are Tobe acquired	M/s Krishnarama Industrial Investments Limited
	b.	Proposed date of acquisition	16/09/2021
	c.	Number of shares tobe acquired from each Person mentioned in 4(a) above	Krishnarama Industrial Investments Ltd - 30000
	d.	Total shares tobe acquired as %of share capital of TC	30000 shares 0.33%
	e.	Price at which shares are proposed tobe Acquired	Rs.10.00 per share
	f.	Rationale,if any,for the proposed transfer	Re-organisation between Promoters
5.	Relevant sub-clause of regulation 10(1)(a) under which the acquirer is exempted from making open Offer		Regulation10(1)(a)(ii)
6.	If,frequently traded, volume weighted average market price for a period of 60 trading days preceding the date of issuance of this notice as traded on the stock exchange where the maximum volume of trading in the shares of the TC are recorded during such period.		N A
7.	If in frequently traded, the price as determined in terms of clause (e) of sub-regulation (2) of regulation8.		Rs.10.00 per share
8.	Declaration by the acquirer, that the acquisition price would not be higher by more than 25% of the price computed in point 6 or point 7 as applicable.		YES, I declare that the acquisition price would not be higher by more than 25% of the price.
9.	Declaration by the acquirer, that the transferor and transferee have complied / will comply with applicable disclosure requirements in ChapterV of the TakeoverRegulations,2011(correspondingprovisionsof therepealedTakeoverRegulations1997)		Yes, that the transferor and transferee have complied / will comply with applicable disclosure requirements in Chapter V of the Takeover Regulations,2011
10.	Declaration by the acquirer that all the conditions specified under regulation10(1)(a) with respect to Exemptions has been duly complied with.		I declare that all the conditions specified under regulation10 (1)(a) with respect to exemptions has been duly complied with.

11.	Share holding details	Share holding details	Share holding details	Before the proposed transaction	Before the proposed transaction	After the proposed transaction	After the proposed transaction
				No. of shares /voting rights	% w.r. t total share capital of TC	No. of shares /voting rights	%w.r.t total share capital Of TC
	a	Acquirer(s )and PACs (Smt K V Naga Lalitha (other than sellers) (*) )		2504100 SingleAc quirer	27.82%	2 S q 534100 ingleAc uirer	28.16%
	b	Seller(s)	Krishnarama Industrial Investments Ltd	30000	0.33%	-	-

Note:

() Shareholding of each e ntity may be shown separately and then collective l y in a group. The above disclosure shall be s i gned by the acquirer mentioning date & place. In c ase, there is more than one acquirer, the re p ort shall be signed either by all the persons or by a person duly authorized to do so on beh a* lf of all the acquirers.

Date: 16/09/2021 Place: Hyderabad

==> picture [20 x 18] intentionally omitted <==

==> picture [47 x 18] intentionally omitted <==

K V N a ga Lalitha