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Sunteck Realty Ltd — Major Shareholding Notification 2021
Sep 21, 2021
62284_rns_2021-09-22_fabdcc54-bc3c-4067-a3ce-5cbe95f6028b.pdf
Major Shareholding Notification
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Date: September 21, 2021
To
National Stock Exchange of India Ltd Listing Department Exchange Plaza, Plot no. CII, G Block, Bandra-Kurla Complex Bandra (East), Mumbai- 400 051 Scrip Code: SUNTECK Dear Sir,
To
Corporate Relation Department BSE Limited P. 1. Tower, Dalal Street, Mumbai - 400 00 I Scrip Code: 512179
Sub: Disclosnre under Regulation 10(5) - Intimation to Stock Exchanges in respect of acquisition nnder Regulation 10(I)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
The promoter I promoter group entities viz. Astha Trust and Paripurna Trust intend to sell, in the aggregate, upto 16,25,000 equity shares of Sunteck Realty Limited to other promoter controlled entities by way of 'inter-se' transfer.
This acquisition is pursuant to inter se transfer of shares amongst qualifying persons as specified in Regulation 10 (I lea).
The form as prescribed under Regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 201 1 setting out the details of the proposed acquisition of shares of Sunteck Realty Limited by way of inter-se transfer, is attached.
Thanking You,
For and on behalf of
Authorised Signatory
Enc!.: As stated above
Cc: Sunteck Realty Limited 5th Floor, Suntcck Centre, 37-40, Subhash Road, Vile Parle (East) Mumbai 400057


| Format for Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in |
|---|
| respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of |
| Shares and Takeovers) Regulations, 2011 |
| I. | Name of the Target Company (TC) | Sunteck Realty Limited | |||
|---|---|---|---|---|---|
| 2. | Name of the acquirer(s) | I. 2. |
Eskay Infrastructure Development Private Limited Abhisar Securities Services Private Limited |
||
| 3. | Whether the acquirer(s) is/ are promoters of the TC prior tothe transaction. If not, nature of relationship or association with the TC or its promoters |
Yes | |||
| 4. | Details of the proposed acquisition | ||||
| a | Name of the person(s) from whom shares are to be acquired |
I. 2. |
Astha Trust Paripurna Trust |
||
| b | Proposed date of acquisition | On or after September 27, 2021 Le. post 4 working days from date of this disclosure |
|||
| c | Number of shares to be acquired from each person mentioned in 4(a) above |
a. upto b. upto |
8,75,000 equity shares of the Target Company from Astha Trust; and equity of the 7,50,000 shares Target Company from Paripurna Trust |
||
| d | Total shares to be acquired as % of share capital ofTC |
Upto a maximum of 16,25,000 (1.11 %) equity shares of the Target Company |
|||
| e | Price at which shares are proposed to be acquired |
Market Price | |||
| f | Rationale, if any, for the proposed transfer |
Inter se transfer | |||
| 5. | Relevant sub-clause of regulation I O( I lea) under which the acquirer is exempted from making open offer |
10(1)(a)(ii) and 10(1)(a)(iii) | |||
| 6. | If, frequently traded, volume weighted average market price for a period of trading days preceding the 'date of 60 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. |
Rs. 380.53487 (As per NSE) | |||
| 7. | If in-frequently traded, the price as determined in terms of clause (e) of sub regulation (2) of Regulation 8. |
Not Applicable | |||
| 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. |
The Acquirers confirm that the acquisition price would not be higher by more than 25% of the price computed in point 6. |
|||
| 9. | L Declaration by the acquirer, that the transferor and transferee have |
I. | The Acquirers confirm that the transferors and the transferees have complied (during 3 |

| complied (during 3 years prior to the date of proposed acquisition) / will comply with applicable disclosure requirements in Chapter V of the Takeover Regulations, 2011 (corresponding provisions of the repealed Takeover Regulations, 1997) ii. The aforesaid disclosures made during previous 3 years prior to the date of proposed acquisition to be furnished |
years prior to the date of proposed acquisition)/ will comply with the applicable disclosure requirements in Chapter V of the Takeover Regulations, 20 II (corresponding provisions of the repealed Takeover Regulations 1997). The details are given in Annexure I and the II. copies of such disclosures are enclosed. |
|||||
|---|---|---|---|---|---|---|
| 10. | Declaration by the acquirer that all the | The Acquirers confirm that all the conditions | ||||
| conditions specified under regulation |
specified under regulation I O( I lea) with respect to | |||||
| lO( I lea) with respect to exemptions has | the exemption have been duly complied with. | |||||
| been duly complied with. | ||||||
| II | Shareholding details | Before the proposed After the proposed |
||||
| transaction | transaction | |||||
| No. of | %w.r.t. | No. of | %w.r.t. | |||
| shares/voting | total | shares/votin | total | |||
| rights | share | g rights | share | |||
| capital | capital of | |||||
| ofTC | TC | |||||
| a. Acquirer(s) and PACs (other than sellers)(*) |
6,58,60,120 | 44.99 | 6,74,85,120 | 46.10 | ||
| b. Seller (s) | 3,24,45,975 | 22.16 | 3,08,20,975 | 21 .05 | ||
| The detailed shareholding before and after the proposed transactions is enclosed as Annexure II |
For and on behalf of Eskay Infrastructure Development Private Limited; and Abhisar Securities Services Private Limited
Date: September 21, 2021 Mumbai
- Note:
- (*) Shareholding of each entity may be shown separately arrd r(~ ollectively in a group .
- The above disclosure shall be signed by the acquirer mentioning date & 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.

Annexure - II
Acquirer(s) and PAC(s) (other than sellers)
| Name of the shareholder | Before the proposed transaction | After the proposed transaction | |||
|---|---|---|---|---|---|
| No. of fully paid up equity Shareholding as a % of shares/voting rights held total no. of shares |
No. of fully paid up equity Shareholding as a % of shares/voting rights held total no. of shares |
||||
| Akrur Kamal Khetan | 2,240,620 | 1.53 | 2,240,620 | 1.53 | |
| Anupma Kamal Khetan | 2,352,660 | 1.61 | 2,352,660 | 1.61 | |
| Shanti Shrigopal Khetan | 100,000 | 0.07 | 100,000 | 0.07 | |
| Eskay Infrastructure Development Pvt Ltd |
2,258,410 | 1.54 | 3,258,410 | 2.23 | |
| Glint Infraprojects Pvt Ltd | 2,189,631 | 1.50 | 2,189,631 | 1.50 | |
| Samagra Wealthmax Private Limited | 3,834,829 | 2.62 | 3,834,829 | 2.62 | |
| Satguru Infocorp Services Pvt Ltd | 3,000,000 | 2.05 | 3,000,000 | 2.05 | |
| Starlight Systems Pvt Ltd | 3,000,000 | 2.05 | 3,000,000 | 2.05 | |
| Starteck Infraprojects Pvt Ltd | 314,374 | 0.21 | 314,374 | 0.21 | |
| Matrabhay Trust | 46,569,296 | 31.81 | 46,569,296 | 31.81 | |
| Kamal Khetan | 150 | 0.00 | 150 | 0.00 | |
| Manisha Khetan | 150 | 0.00 | 150 | 0.00 | |
| Abhisar Securities Services Pvt Ltd | 625,000 | 0.43 | |||
| Total I | 65,860,120 | 44.99 | 67,485,120 | 46.10 |
Seller(s)
| Name of the shareholder | Before the proposed transaction | After the proposed transaction | |||
|---|---|---|---|---|---|
| No. of fully paid up equity Shareholding as a % of shares/voting rights held total no. of shares |
No. of fully paid up equity Shareholding as a % of shares/ voting rights held total no. of shares |
||||
| Paripurna Trust | 17,021,488 | 11.63 | 16,271,488 | 11.11 | |
| Astha Trust | 15,424,487 | 10.54 | 14,549,487 | 9.94 | |
| Total II | 32,445,975 | 22.16 | 30,820,975 | 21.05 | |
| Grand Total (I + II) | 98,306,095 | 67.15 | 98,306,095 | 67.15 |
Note: The above is based on transfer of entire stake for which the disclosure is filed (i.e. maximum 16,25,000 equity shares of Target Company). In case the actual number of shares transferred is lower
than 16,25,000 share
For Abhisar Securities Services Pvt Ltd For Eskay Infrastructure Development Pvt Ltd
Authorised Signatory

