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Sun Pharmaceutical Industries Ltd. Major Shareholding Notification 2020

Jun 2, 2020

59215_rns_2020-06-02_9fa34b63-3145-4f55-aa6c-7b8fa44346b5.pdf

Major Shareholding Notification

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Dilip Shanghvi

Sun House, Plot No. 201 B/1, Western Express Highway, Goregaon (E), Mumbai - 400 063. Maharashtra, INDIA. Tel.: (91-22) 4324 4324, Fax: (91-22) 4324 4343 E-mail: [email protected]

May 30, 2020

National Stock Exchange of India Ltd, BSE Limited, Exchange Plaza, 5th Floor, Market Operations Department Plot No. C/1, G Block, P. J. Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 051. Mumbai - 400 001. Scrip Code: SUNPHARMA Scrip Code: 524715

Dear Sir / Madam,

Sub: a) Disclosures under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

b) Declaration under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

  • a) Please find enclosed herewith the disclosure of shareholding in Sun Pharmaceutical Industries Limited (“Target Company”) as on March 31, 2020, in terms of regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in the prescribed format.

  • b) I, Dilip S. Shanghvi, promoter of Target Company hereby declare that, as on March 31, 2020, I along with Promoter Group and Persons acting in concert has not made any encumbrance, directly or indirectly, on the shares of the Target Company, other than those already disclosed during the financial year.

This is for your information and record.

Thanking you,

Yours faithfully,

SHANGHVI Digitally signed by SHANGHVI DILIP DILIP SHANTILAL Date: 2020.05.30 SHANTILAL 16:33:42 +05'30'


Dilip S. Shanghvi

Encl: As above

Copy to: The Company Secretary, The Audit Committee Sun Pharmaceutical Industries Limited, Sun Pharmaceutical Industries Limited, SPARC, Tandalja, SPARC, Tandalja, Vadodara – 390 012 Vadodara – 390 012 Gujarat, India. Gujarat, India.

Dilip Shanghvi

Sun House, Plot No. 201 B/1, Western Express Highway, Goregaon (E), Mumbai - 400 063. Maharashtra, INDIA. Tel.: (91-22) 4324 4324, Fax: (91-22) 4324 4343 E-mail: [email protected]

Disclosures under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 as on March 31, 2020

Sun Pharmaceutical Industries Limited

  1. Name of the Target Company (TC)

1. National Stock Exchange of India Limited 2. BSE Limited

  1. Name(s) of the stock exchange(s) where the shares of the TC are listed
1. Name of the Target Company (TC) 1. Name of the Target Company (TC) Sun Pharmaceutical Industries Limited
2. Name(s) of the stock exchange(s) where
the shares of the TC are listed
1. National Stock Exchange of India Limited
2. BSE Limited
3. Particulars of the shareholder(s) :
a) Name of person(s) together with Persons
Acting in Concert (PAC) whose total
holding (including that in the form of
shares, warrants, convertible securities
and any other instrument that would
entitle the holder to receive shares in the
TC) is more than 25% of the voting rights
of the TC.
or
b) Name(s) of promoter(s), member of the
promoter group and PAC with him.
Promoter:
Mr. Dilip S. Shanghvi
Persons forming part of the Promoter Group:
Shanghvi Finance Private Limited
Aditya Medisales Limited
Mr. Sudhir V. Valia
Mrs.Vibha D. Shanghvi
Mr. Aalok D. Shanghvi
Ms. Vidhi D. Shanghvi
Shanghvi Family & Friends Benefit Trust
(Kumud S. Shanghvi and Dilip S. Shanghvi are
Trustees)
Mrs. Kumud S. Shanghvi
Flamboyawer Finance Private Limited
Sanghvi Properties Private Limited
Gujarat Sun Pharmaceutical Industries Private
Limited
Persons Acting in Concert :
Mrs. Raksha S. Valia
Unimed Investments Limited
  1. Particulars of the shareholder(s) :

Dilip Shanghvi

Sun House, Plot No. 201 B/1, Western Express Highway, Goregaon (E), Mumbai - 400 063. Maharashtra, INDIA. Tel.: (91-22) 4324 4324, Fax: (91-22) 4324 4343 E-mail: [email protected]

4. Particulars of the shareholding of person(s)
mentioned at (3) above
Number of shares
as on
31.03.2020
% w.r.t. total
share /voting
capital
wherever
applicable
% of total
diluted
share/voting
capital of TC
(*)
As of March 31stof the year 2020, holding of:
a) Shares
Promoter
Mr. Dilip S.Shanghvi 230,285,690
9.60

9.60
Members of Promoter Group
Shanghvi Finance Private Limited$ 967,051,732
40.30

40.30
Aditya Medisales Limited 40,153,960
1.67

1.67
Mr. Sudhir V. Valia 14,345,019
0.60

0.60
Mrs. Vibha D. Shanghvi 8,840,280
0.37

0.37
Mr. Aalok D. Shanghvi 2,877,280
0.12

0.12
Ms. Vidhi D. Shanghvi 2,822,427
0.12

0.12
Shanghvi Family & Friends Benefit Trust
(Kumud S. Shanghvi and Dilip S. Shanghvi are
Trustees)

1,276,774

0.05

0.05
Mrs. Kumud S. Shanghvi 199,465
0.01

0.01
Flamboyawer Finance Private Limited 20,865
0.00

0.00
Sanghvi Properties Private Limited 15,479
0.00

0.00
Gujarat Sun Pharmaceutical Industries Private
Limited
14,362
0.00

0.00
Persons Acting in Concert
Mrs. Raksha S. Valia 33,830,352
1.41

1.41
Unimed Investments Limited 10,400,850
0.43

0.43
Total (a) 1,312,134,535
54.69

54.69
b) Voting Rights (otherwise than by shares) NA NA NA
c) Warrants NA
NA

NA
d) Convertible Securities NA
NA

NA
e) Any other instrument that would entitle the
holder to receive shares in the TC.
NA
NA

NA
Total
1,312,134,535
54.69 54.69

Dilip Shanghvi

Sun House, Plot No. 201 B/1, Western Express Highway, Goregaon (E), Mumbai - 400 063. Maharashtra, INDIA. Tel.: (91-22) 4324 4324, Fax: (91-22) 4324 4343 E-mail: [email protected]

Part-B Name of the Target Company: Sun Pharmaceutical Industries Limited**

Name(s) of the person and Persons Acting in
Concert (PAC) with the person
Whether the
person belongs to
Promoter/
Promoter group
PAN of the
person and
PACs
Promoter
Mr. Dilip S.Shanghvi Yes AMPPS4862F
Members of Promoter Group
Shanghvi Finance Private Limited Yes AAACS6963R
Aditya Medisales Limited Yes AABCA9317J
Mr. Sudhir V Valia Yes AABPV2199J
Mrs. Vibha D. Shanghvi Yes ANIPS2068P
Mr. Aalok D. Shanghvi Yes AXLPS4835P
Ms. Vidhi D. Shanghvi Yes BCMPS0940L
Shanghvi Family & Friends Benefit Trust Yes AAATS0789G
Mrs. Kumud S. Shanghvi Yes ALXPS1387G
Flamboyawer Finance Private Limited Yes AAACF0545L
Sanghvi Properties Private Limited Yes AAACS5663E
Gujarat Sun Pharmaceutical Industries Private Limited Yes AABCG4575G
Persons Acting in Concert
Mrs. Raksha S. Valia Yes AAFPV5596F
Unimed Investments Limited Yes AAACU2965P

Notes:

$ Pursuant to the Scheme of Amalgamation, effective from 23.10.2018, 1) erstwhile Family Investment Private Limited; and 2) erstwhile Asawari Investment and Finance Private Limited (collectively referred to as the “Amalgamated Companies”) have inter alia got amalgamated with Shanghvi Finance Private Limited (“SFPL”) which is a part of the Promoter Group of the Target Company and thereby the shares held by erstwhile Amalgamated Companies in the Target Company stand transferred in the name of SFPL. SFPL is in the process of getting the Demat account(s) transferred, which are presently in name of erstwhile Amalgamated Companies, to the name of SFPL.

In addition to above, one of the demat accounts in the name of erstwhile Sholapur Organics Private Limited (which also pursuant to the above referred Scheme of Amalgamation got amalgamated with SFPL) got transferred in the name of SFPL but the PAN has not been updated by the Depository Participant and still reflects the PAN of erstwhile Sholapur Organics Private Limited.

In view of the above, for the purpose of this disclosure, the shares held in such Demat account(s) and under PAN of erstwhile Sholapur Organics Private Limited have been clubbed with the shareholding of SFPL

Dilip Shanghvi

Sun House, Plot No. 201 B/1, Western Express Highway, Goregaon (E), Mumbai - 400 063. Maharashtra, INDIA. Tel.: (91-22) 4324 4324, Fax: (91-22) 4324 4343 E-mail: [email protected]

Mr. Jayant S. Sanghvi, Mrs. Varsha K. Doshi, Mrs. Dipti N. Modi, Mr. Kirit Valia, Kirit Valia HUF, Mr. Jitendra V. Valia, Jitendra Valia HUF, Mr. Ajay V. Valia and Pratham Investments (held on behalf of the firm by its partners) have been re-classified from Promoter Group Category to Public Category vide receipt of approval from National Stock Exchange of India Limited on October 07, 2016 and BSE Limited on October 10, 2016 as per the applicable guidelines/rules and therefore the names of these reclassified persons/ entities have not been included in the above list.

  • (*) 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.

  • (**) Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated

SHANGHVI Digitally signed by SHANGHVI DILIP DILIP SHANTILAL SHANTILAL Date: 2020.05.30 16:34:30 +05'30'


Dilip S. Shanghvi

Place: Mumbai Date: May 30, 2020