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STARTECK FINANCE LIMITED Major Shareholding Notification 2021

Mar 24, 2021

62750_rns_2021-03-24_a25c9624-0d45-40da-b311-1c2273f224ea.pdf

Major Shareholding Notification

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MATRABHA V TRUST

5th Floor, Sunteck Centre, 37-40, Subhash Road, Vile Parle (East), Mumbai-400057

Date: March 24, 2021

To Corporate Relation Department BSE Limited P. J. Tower, Dalal Street, Mumbai -400 001 Scrip Code: 512381

Dear Sir/Ma'am,

Sub: Disclosure under Regulation 10(6) - Intimation to Stock Exchange in respect of acquisition under Regulation IO(l)(a)(ii) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Fmther to our intimation dated 15th March, 2021 under regulation 10(5) of SEBI (Substantial Acquisilion of Shares and Takeovers) Regulations, 2011 ('SAST Regulations'), please find enclosed the form as prescribed under Regulation 10(6) of the SEBI SAST Regulations setting out the details of the acquisition of shares of Starteck Finance Limited by way of inter-se transfer.

Thanking You,

For and on behalf of Matra · ust

Authorised Signatory

Encl.: As stated above

Cc: Startcck Finance Limited 5t1, Floor, Sunteck Centre, 37-40, Subhash Ro11d, Vile Parle (East) Mumbai 400057

,.

Disclosures under Regulation 10(6) - Report to Stock Exchanges in respect of any acquisition made in reliance upon exemption provided for in Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

1. Name of the Target Company (TC) Starteck Finance Limited
2. Name of the acquirer(s) Mah·abhav Trust
3. Name of the stock exchange where shares of
the TC are listed
BSE Limited
4. of
transaction
including
Details
the
rationale, if any, for the transfer/ acquisition
of shares.
Inter-se transfer (on-market) between Promoters
5. under
Relevant
which
the
regulation
acquirer is exempted from making open
offer.
As per Annexure I
6. Whether disclosure of proposed acquisition
was required to be made under regulation
10 (5) and if so,
Yes
Yes
15th March, 2021
and
Whether
was
made
-
disclosure
whether
it
made
was
within
the
under
timeline
specified
the
regulations.
Date of filing with the stock exchange.
-
7. Details of acquisition Disclosures required to
be made under
regulation 10(5)
Whether the
disclosures
under
regulation 10(5)
are actually
made
Name of the transferor / seller
a.
As per Annexure I
Date of acquisition
b.
22.03.2021
Number of shares/ voting rights in
C.
respect of the acquisitions from each
person mentioned in 7(a) above
As per Annexure I Yes
d. Total shares proposed to be acquired/
actually acquired as a % of diluted
share capital of TC
6.41%
e,
Price at which shares are proposed to
be acquired / actually acquired
-
As ·per Annexure I

8. Shareholding details Pre-Transaction Post-Transaction
No.of % w.r.t. to No.of % w.r.t.
shares held total share shares held* to total
capital of. share
TC capital
of TC
-Acquirer
Matrabhav Trust 491666 4.96 1,126,666 11.37
-
Sellers/ Transferors
Akrur Kamal Khetan 545400 5.50 125400 1.27
Krupa Family Private Trust 360000 3.63 145000 1.46

For and on behalf of Acquirer Matrabhav Trust

Authorised Signatory

Date: 24th March, 2021 Place: Mumbai

Annexure - I

Details of Acquirer(s} and Seller(s)

s.
No.
Acquirer Seller Relevant sub
clause of
regulation 10(l)(a)
under which the
acquirer is
exempted from
open offer
No. of Shares Price per share (Rs.) % shares to total
shareholding
1 Matrabhav Trust Akrur Kamal Khetan lO(l)(a)(ii) 420,000 77.66 4.24
2 Matrabhav Trust Krupa Family
Private Trust
l0(l)(a)(ii) 215,000 77.66 2.17

For Matrabhav Trust

Authorised Signatory